Riyadh – Mubasher: Saudi Arabia on Wednesday announced the listing of Al Moammar Information Systems (MIS) during the Financial Sector Conference (FSC) held in Riyadh.
The Saudi Stock Exchange (Tadawul) has set the price fluctuation limit of Al Moammar’s stock at 10%.
The company’s capital reaches SAR 160 million distributed over 16 million fully-paid ordinary shares, at a nominal value of SAR 10 a share.
MIS offered 4.8 million shares, or 30% of its total capital, in an initial public offering (IPO).
