Ladun Investment gets CMA nod for listing 10% of capital on Nomu

28/03/2022 Argaam
Logo of Ladun Investment Co.

Logo of Ladun Investment Co.

The Capital Market Authority (CMA) approved today, March 28, the application received from Ladun Investment Co. to register and offer five million shares, or %10 of its capital, on the Nomu - Parallel Market.

 

The offer will be confined to qualified investors stipulated in the glossary of defined terms used in CMA's regulations and rules. The prospectus will be published within sufficient time prior to the start of the offering.

 

The authority’s approval of the application shall be valid for six months from the date of its board resolution and shall be deemed cancelled if the offering and listing of the company's shares are not completed within this period.

 

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