CMA approves Arabian Food registration for direct listing on Nomu

28/03/2022 Argaam

Logo of Capital Market Authority

Saudi Arabia’s Capital Market Authority (CMA) approved, today, March 28, the application of Arabian Food & Dairy Factories Company (FADECO) to register its shares for direct listing on Nomu-Parallel Market.

 

Trading these shares will be limited to qualified investors, the market regulator said in a statement. 

 

Prospective qualified investors should conduct their own due diligence on the information disclosed in the registration document.

 

The approval of the application will be valid for six months from the CMA Board resolution date, according to a statement.

 

 

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