KDL Logistics set for Nomu debut on Jan. 6

04/01/2026 Argaam- Nomu
Logo ofKhaled Dhafer Brother’s Logistics Services Co. (KDL Logistics)

Logo of Khaled Dhafer & Brother’s Logistics Services Co. (KDL Logistics) 

Shares of Khaled Dhafer & Brother’s Logistics Services Co. (KDL Logistics) will begin trading on the Nomu-Parallel Market on Jan. 6, under the symbol 9653 and ISIN Code SA16DGBKMQH3.

 

The stock will trade with daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) said today, Jan. 4.

 

Separately, the Securities Depository Center Co. (Edaa) said KDL Logistics’ subscribed securities were deposited today into the accounts of eligible shareholders.

 

According to data available with Argaam, the company floated 700,000 shares on Nomu. The offer price was set at SAR 23 per share.

 

The shares offered represent 20% of the company’s capital, which currently stands at SAR 35 million, divided into 3.5 million shares with a par value of SAR 10 apiece.

 

The IPO was 101.98% oversubscribed, with 298 qualified investors participating during the offering period.

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