logo ofSaad Hussain Dajam Industrial Group
Saad Hussain Dajam Industrial Group obtained today, Dec. 9, the approval of the Capital Market Authority (CMA) to float 2.05 million shares, or 20% of its capital, on the Nomu-Parallel Market, according to the market regulator website.
The offer will be confined to qualified investors stipulated in the glossary of defined terms used in the CMA regulations and rules.
The prospectus will be published within sufficient time prior to the start of the offering.
The CMA’s approval is valid for six months from the CMA resolution date. It will be deemed cancelled if the offering and listing of the company’s shares are not completed within this period.
The group was established more than 35 years ago as a sole proprietorship operating in various fields, including transportation, real estate, and contracting. It is engaged in areas such as the transportation and marketing of oil products, real estate trading, property management, advertising, and engineering consultancy. It operates a number of factories and industrial complexes with diverse activities, according to the group’s website.
logo ofSaad Hussain Dajam Industrial Group
Saad Hussain Dajam Industrial Group obtained today, Dec. 9, the approval of the Capital Market Authority (CMA) to float 2.05 million shares, or 20% of its capital, on the Nomu-Parallel Market, according to the market regulator website.
The offer will be confined to qualified investors stipulated in the glossary of defined terms used in the CMA regulations and rules.
The prospectus will be published within sufficient time prior to the start of the offering.
The CMA’s approval is valid for six months from the CMA resolution date. It will be deemed cancelled if the offering and listing of the company’s shares are not completed within this period.
The group was established more than 35 years ago as a sole proprietorship operating in various fields, including transportation, real estate, and contracting. It is engaged in areas such as the transportation and marketing of oil products, real estate trading, property management, advertising, and engineering consultancy. It operates a number of factories and industrial complexes with diverse activities, according to the group’s website.
