Al-Fakhera shares to make Nomu debut on Nov. 28

26/11/2024 Argaam
Logo ofAl-Fakhera Men’s Tailoring Co.

Logo of Al-Fakhera Men’s Tailoring Co.

The Saudi Exchange (Tadawul) announced that Al-Fakhera Men’s Tailoring Co.’s shares will be listed and make debut on the Nomu-Parallel Market on Nov. 28, with the symbol 9618 and ISIN Code SA165G34M915.

 

The stock will trade with a daily price fluctuation limit of +/- 30% and +/- 10% static price fluctuation limits, Tadawul said in a statement.

 

For More IPOs

 

The Securities Depository Center Co. (Edaa) deposited Al-Fakhera’s subscribed securities to the accounts of eligible shareholders today, Nov. 26, according to a separate statement.

 

Al-Fakhera earlier floated six million shares, or 20% of its pre-IPO capital (16.67% of post-capital), on Nomu, at SAR 6 each, with a coverage ratio of 286.24%, according to data available with Argaam.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.