Al Oroba Medical names HNC as IPO advisor on Nomu

20/04/2017 Argaam

Al Oroba Medical Company has appointed House of National Consulting (HNC) as financial advisor for its initial public offering (IPO) on Saudi Arabia’s Nomu Parallel Market, the company said in a statement.

 

Al Oroba Medical operates in the medical and pharmaceutical sector through a network of medical centers and pharmacies across the kingdom.  

 

The company will issue the IPO prospectus after getting the greenlight from the Capital Market Authority (CMA). 

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