Kesay Clinics secures CMA nod on 2M share offering on Nomu

31/12/2025 Argaam- Nomu
Logo ofKesay Clinics Co.’s

Logo of Kesay Clinics Co.’s

The Capital Market Authority (CMA) announced today, Dec. 31, its board of directors’ approval of Kesay Clinics Co.’s request to register and float 2 million shares on the Nomu-Parallel Market.

 

The stake represents 5% of the company’s 40 million share capital, the market regulator said in a statement.

 

The offer will be confined to qualified investors stipulated in the glossary of defined terms used in the CMA regulations and rules. The prospectus will be published within sufficient time prior to the IPO start.

 

The CMA confirmed that its approval is valid for six months. It will be deemed void if the share offering and listing are not completed within this period.

 

Established in 2002, Kesay Clinics provides medical and cosmetic healthcare services. It operates via five branches in Riyadh city.

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