Riyadh – Mubasher: Baazeem Trading Co announced offering its shares in the parallel market – Nomu.
The company intends to offer 3.04 million shares, representing 30% of capital which amounts to SAR 101.25 million.
The offer will be confined to Qualified Investors stipulated in the Parallel Market Listing Rules and will be through Alistithmar Capital, the IPOO manager, the statements said.
The Saudi stock Exchange (Tadawul) plans to launch Nomu - Parallel Market on 26 February, 2017, after the Capital Market Authority (CMA) issued the listing rules.
