Saleh Abdulaziz Al Rashed & Sons gets CMA nod to float 30% on TASI

22/09/2025 Argaam

The Capital Market Authority (CMA) approved today, Sept. 22, the application of Saleh Abdulaziz Al Rashed & Sons Co. for the registration and offering of 5.58 million shares, or 30% of its share capital on the Main Market (TASI).

 

The prospectus will be published within sufficient time prior to the start of the subscription period, according to the market regulator website.

 

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

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