CMA approves Mufeed’s request to sell 600,000 shares on Nomu

05/06/2024 ِArgaam
Logo ofThe Capital Market Authority (CMA)

Logo of The Capital Market Authority (CMA) 

The Capital Market Authority (CMA) approved today, June 5, Mufeed Co.’s application to register and offer 600,000 shares, representing 9.09% of its share capital, on Nomu-Parallel Market.

 

The offering will be confined to qualified investors and the prospectus will be published within sufficient time prior to the offering’s start, the market regulator said in a statement.

 

For More IPOs

 

The approval is valid for six months. It shall be deemed cancelled if the offering and listing are not finalized within this period.

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