Signworld gets CMA nod to sell 1.5M shares on Nomu

20/03/2025 Argaam
Logo ofNational Signage Industrial Co. (Signworld)

Logo of National Signage Industrial Co. (Signworld)

The Capital Market Authority (CMA) gave the go-ahead for National Signage Industrial Co. (Signworld) to register and float 1.5 million shares, or 20% of its capital, on the Nomu-Parallel Market.

 

The shares will be offered to qualified investors stipulated in the glossary of defined terms used in the CMA regulations and rules. The prospectus will be published within sufficient time prior to the start of the offering.

 

For More IPOs

 

The CMA confirmed that its approval is valid for six months and will be void if the share offering and listing are not completed within this period.

 

Signworld’s factory is located on an area of 20,000 square meters in Riyadh. It houses the largest and most specialized workshops and production line to take care of custom-made jobs.

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