Saudi Arabia’s Securities Depository Center (SDC) on Thursday deposited the shares of the seven new entrants on Nomu-Parallel Market into investors’ portfolios, the Saudi Stock Exchange (Tadawul) said in a statement.
Accordingly, the shares of the following companies will begin trading on Sunday, February 26 with a fluctuation limit of 20 percent:
1) Raydan Cuisines & Restaurants Co. will debut under the symbol 9506.
2) Baazeem Trading Co. will debut under the symbol 9503.
3) Abdullah Saad Mohammed Abo Moati Stationaries Co. will debut under the symbol 9500.
4) Food Development Co. (FDC) will debut under the symbol 9501.
5) Al-Omran Industrial and Trading Co. will debut under the symbol 9502.
6) Al-Samaani Factory for Metal Industries will debut under the symbol 9504.
7) Arab Sea Information Systems Co. will debut under the symbol 9505.
|
Parallel market IPOs |
||
|
Company |
Number of IPO shares (mln shares) |
IPO price (SAR/share) |
|
Raydan Restuarants |
6.75 |
32.00 |
|
Arab Sea |
2.00 |
11.00 |
|
Baazeem |
3.04 |
39.00 |
|
Al Omran Trading |
1.20 |
28.00 |
|
Abdulla Saad Abo Moati |
3.20 |
15.00 |
|
Food Development Co. |
0.25 |
65.00 |
|
Al Samaani Metal |
0.23 |
78.00 |
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