Hawyia Auctions gets CMA nod to float 2.4M shares on Nomu

17/03/2025 Argaam
Logo ofHawyia Auctions Co.

Logo of Hawyia Auctions Co.

The Capital Market Authority (CMA) approved today, March 17, Hawyia Auctions Co.’s application to float 2.4 million shares (12% of capital) on the Nomu-Parallel Market

 

For More IPOs

 

The offer will be limited to qualified investors as defined in the list of terms used in the regulations and rules of the CMA. The prospectus will be published well in advance of the offering's start date.

 

The CMA's approval is valid for six months from its resolution date. It will be deemed cancelled if the offering and listing of the company's shares are not completed within this period.

 

Based in Saudi Arabia, Hawyia Auctions specializes in real estate marketing. Its services include auction management, property management, judicial custody, and marketing.

 

According to its website, the company has four sister companies: Alsoliman Real Estate Co. (specialized in real estate development); Hawyia Brands Agency (specialized in branding and visual identity); Badr Contracting Co. Ltd. (specialized in contracting and facility management); and NAL for Legal Services Co.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.