Yaqeen Capital notified of Al-Mozaini terminating Nomu listing deal

24/07/2025 Argaam
Logo ofHamad and Ahmed Mohammed Al-Mozaini Real Estate Co.

Logo of  Hamad and Ahmed Mohammed Al-Mozaini Real Estate Co.

Yaqeen Capital said it received a notice from Hamad and Ahmed Mohammed Al-Mozaini Real Estate Co. to terminate the agreement to arrange the company’s listing on the Nomu-Parallel Market, according to a statement to Tadawul.

 

On June 4, Yaqeen Capital signed an agreement with Al-Mozaini to arrange the latter's IPO on Nomu, according to data available with Argaam.

 

For More IPOs

 

Upon completion of all stages, the revenues generated from the transaction were expected to exceed 5% of Yaqeen Capital’s total revenues of SAR 89.48 million, based on the latest audited annual financials for 2024.

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