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The Capital Market Authority (CMA) approved the application of Naf for Feed for Industry Co. to register and float 400,000 shares on the Nomu-Parallel Market.

The shares to be offered account for 20% of the company’s two million share-capital.

 

They 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.

 

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.

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