‎Alromansiah’s 6-month deadline to complete TASI IPO expires

‎Alromansiah’s 6-month deadline to complete TASI IPO expires ‎Alromansiah’s 6-month deadline to complete TASI IPO expires

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Logo ofAlromansiah Co.

The Capital Market Authority (CMA) stated that the six-month period granted to Alromansiah Co. to complete the offering and listing of its shares on the Main Market (TASI) ended on March 30, 2026.

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The approval, originally granted on Sept. 29, 2025, is automatically revoked if the company fails to finalize the offering and listing within this timeframe.

Alromansiah received CMA approval to register and offer 18 million shares, representing 30% of the company’s total 60 million shares, for public subscription.

The CMA noted that the prospectus would be published well ahead of the subscription period.

Established in 1997, Alromansiah operates a chain of 50 restaurants across the Kingdom, with additional branches in Bahrain, employing around 5,000 staff members and operates a fleet of 600 vehicles.

 

Logo ofAlromansiah Co.

The Capital Market Authority (CMA) stated that the six-month period granted to Alromansiah Co. to complete the offering and listing of its shares on the Main Market (TASI) ended on March 30, 2026.

The approval, originally granted on Sept. 29, 2025, is automatically revoked if the company fails to finalize the offering and listing within this timeframe.

Alromansiah received CMA approval to register and offer 18 million shares, representing 30% of the company’s total 60 million shares, for public subscription.

The CMA noted that the prospectus would be published well ahead of the subscription period.

Established in 1997, Alromansiah operates a chain of 50 restaurants across the Kingdom, with additional branches in Bahrain, employing around 5,000 staff members and operates a fleet of 600 vehicles.

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