in the parallel market
Dubai – Al Arabiya.net
Posted on: September 07, 2023: 07:35 PM GST Last updated: September 07, 2023: 08:47 PM GST
“Saudi Tadawul” announced today, Thursday, that the shares of Al-Manawla Shipping Company will be listed and started trading in the “Nomu” parallel market, as of Monday, September 11, 2023, with the trading code 9571 and the international symbol SA15S1N4LHH7, provided that the daily price fluctuation limits are +/- 30% with the application of Fixed fluctuation limits at +/- 10%.
On August 22, Wathiq Financial Company, in its capacity as the financial advisor for the initial public offering of the Munawala Cargo Company in the parallel market “Nomu”, announced that the offering price for the company’s shares was set at 110 riyals per share.
The offering period began on August 27, 2023 AD, and ended on Thursday, corresponding to the 31st of the same month.
Watheq Financial Company, the financial advisor for offering the shares of Al-Manawla Shipping Company, announced the completion of offering 20% of the company’s capital, equivalent to 200,000 ordinary shares, at a price of 110 riyals per share, with a coverage rate of 2113.39% of the total offered shares.
2023-09-07 16:47:35
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