‎Al-Rasheed to debut on Nomu on May 23

‎Al-Rasheed to debut on Nomu on May 23 ‎Al-Rasheed to debut on Nomu on May 23

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Logo of Mohammed Hadi Al-Rasheed Co.

Mohammed Hadi Al-Rasheed Co. will start trading on the Nomu-Parallel Market on May 23 under the symbol 9601 and ISIN code SA162GE4M0H5.

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The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) said in a statement.

For More IPOs

Meanwhile, the Securities Depository Center Co. (Edaa) announced depositing the subscribed shares of Qomel Co. into the accounts of eligible shareholders today, May 21.

Earlier, the company floated 1.44 million shares on Nomu, representing 12% of its SAR 120 million capital or 12 million shares, at SAR 28 per share. The offering was 683% subscribed, Argaam‘s data showed.

 

Logo of Mohammed Hadi Al-Rasheed Co.

Mohammed Hadi Al-Rasheed Co. will start trading on the Nomu-Parallel Market on May 23 under the symbol 9601 and ISIN code SA162GE4M0H5.

The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively, the Saudi Exchange (Tadawul) said in a statement.

For More IPOs

Meanwhile, the Securities Depository Center Co. (Edaa) announced depositing the subscribed shares of Qomel Co. into the accounts of eligible shareholders today, May 21.

Earlier, the company floated 1.44 million shares on Nomu, representing 12% of its SAR 120 million capital or 12 million shares, at SAR 28 per share. The offering was 683% subscribed, Argaam‘s data showed.

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