CMA OKs View Real Estate 18.2% IPO on Nomu

28/09/2023 Argaam
Logo ofCapital Market Authority (CMA)

Logo of Capital Market Authority (CMA)


The Capital Market Authority (CMA) approved, on Sept. 27, View Limited Real Estate Development Co.’s request to register and offer 600,000 shares, or 18.18% of its share capital on, Nomu-Parallel Market, according to a statement.

 

The initial public offering (IPO) will be confined to qualified investors and the prospectus will be published within sufficient time prior to the start of the offering.

 

The CMA's approval is valid for six months. It shall be deemed cancelled if the offering and listing are not completed within this period.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.