Enma Al Rawabi to debut on Tadawul on Oct. 28

26/10/2021 Argaam

Logo of Enma Al Rawabi Co.

The Saudi Exchange (Tadawul) announced the listing and trading shares of Enma Al Rawabi Co. on Nomu – Parallel Market as of Thursday, Oct. 28, as a direct listing with the symbol 9521 and ISIN Code SA15D07KKOH6.

 

The stock will have a ±30% daily price fluctuation limit and ±10% static price fluctuation limit, the exchange said in a statement today, Oct. 26.

 

On Sept. 20, the Capital Market Authority (CMA) approved Enma Al Rawabi Co.’s application to register its shares for a direct listing on Nomu, Argaam reported.

 

Riyadh-based Enma Al Rawabi was established in 2011 as a closed joint stock company with SAR 400 million capital, divided into 40 million shares.

 

The company operates in real estate development and investment, as well as managing and leasing residential and non-residential units.

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