Jana Medical names Alkhair Capital financial advisor for Nomu IPO

Logos of Jana Medical Co. and Alkhair Capital 

Riyadh-based Jana Medical Co., a Saudi joint stock firm, appointed Alkhair Capital as financial advisor for its initial public offering (IPO) on the Nomu-Parallel Market. 

The IPO is subject to the regulatory approvals of the Capital Market Authority (CMA)  and the Saudi Exchange (Tadawul). 

Jana Medical was incepted in 2016 to import and provide medical supplies to the public and private sector hospitals, until it became one of the market leaders in the field.   

Riyadh-based Alkhair Capital was founded in 2009 as a financial services provider, licensed by the CMA. It has a paid-in capital of SAR 1 billion, and provides asset management and advising services. 

For More IPOs