Alsoliman Real Estate plans direct listing on Nomu in 2021: sources

11/07/2021 Argaam

Logo of Alsoliman Real Estate

Alsoliman Real Estate Co. is planning to directly list its shares on the Nomu Parallel Market in 2021, confirmed sources.

 

The sources further added that the company was established 22 years ago, in 1999, and focuses on real estate and property development through its projects, valued at SAR 1 billion, distributed in many cities across the Kingdom.

 

Alsoliman transformed from a limited liability firm into a closed joint stock company in 2021, in preparation for listing on Nomu - based on the approval of the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul).

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