Logo of Marketing Home Group Co.
The Capital Market Authority (CMA) approved the application of Marketing Home Group Co. to register and float 4.8 million shares on the Main Market (TASI) in a public offering.
The offer shares represent 30% of the company’s 16 million share capital.
The CMA stated that the prospectus will be published well in advance of the subscription period.
The CMA’s approval is valid for six months from the decision date. It will be void if the offering and listing of the company’s shares are not completed within this period.
According to the company’s website, Marketing Home is a commercial group specializing in building materials, construction, as well as brand development and management.
It runs 30 branches in the GCC and Europe and is known for its “Marketing Home” and “Lighting Stores” product brands.
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