Logo ofAqaseem Factory for Chemicals and Plastics Co.
The Capital Market Authority (CMA) approved today, Jan. 15,the application received from Aqaseem Factory for Chemical and Plastics Co. for the registration and public offering of the debt instruments withinan issuanceprogram that does notexceed SAR500 million. 
The prospectus will be published within sufficient time prior to the start of the subscription period, the regulatorsaid in astatement.
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The prospectusshall includeall relevant information that the investor needs to know before making an investment decision, including the financial statements of the issuer and adequate information about its activities and management, in addition to the details of the issuance program mentioned above.
A subscription decision without reading the prospectus carefully and fully reviewing its content, may involve high risks. Therefore, investors should carefully read the prospectus which contains detailed information about the issuer, offering and riskfactors.
Thus, providing potential investors the ability to evaluate the viability of investing in the offering, taking into consideration the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.
TheCMA also said its approval on the application should not be considered as a recommendation to subscribe in the offering or the debt instruments of the issuer. It merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
TheCMA’s approval on the application shall be valid for six months from the approval date.
The approval shall be deemed cancelled if the offering and listing of the issuer’s first intended tranche of the debt instruments of the program is not completed within this period.
Logo ofAqaseem Factory for Chemicals and Plastics Co.
The Capital Market Authority (CMA) approved today, Jan. 15,the application received from Aqaseem Factory for Chemical and Plastics Co. for the registration and public offering of the debt instruments withinan issuanceprogram that does notexceed SAR500 million.
The prospectus will be published within sufficient time prior to the start of the subscription period, the regulatorsaid in astatement.
For more news on listed companies
The prospectusshall includeall relevant information that the investor needs to know before making an investment decision, including the financial statements of the issuer and adequate information about its activities and management, in addition to the details of the issuance program mentioned above.
A subscription decision without reading the prospectus carefully and fully reviewing its content, may involve high risks. Therefore, investors should carefully read the prospectus which contains detailed information about the issuer, offering and riskfactors.
Thus, providing potential investors the ability to evaluate the viability of investing in the offering, taking into consideration the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.
TheCMA also said its approval on the application should not be considered as a recommendation to subscribe in the offering or the debt instruments of the issuer. It merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
TheCMA’s approval on the application shall be valid for six months from the approval date.
The approval shall be deemed cancelled if the offering and listing of the issuer’s first intended tranche of the debt instruments of the program is not completed within this period.
