Arabica Star to list on Nomu, begin trading on Dec. 5

03/12/2024 Argaam
Logo ofArabica Star Co.

Logo of Arabica Star Co.

Arabica Star Co.’s shares will list and start trading on Nomu-Parallel Market on Dec. 5, the Saudi Exchange (Tadawul) announced.

 

For More IPOs

 

The shares will trade under the symbol 9617 and ISIN code SA165H04M8H9, with +/-30% daily price fluctuation limits and +/-10% static price fluctuation limits.

 

According to data available with Argaam, Arabica Star floated on Nomu 275,000 shares at SAR 64 each, representing 20% of post-IPO capital. The IPO was 1,606.8% oversubscribed.

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