‎CMA nods to Time Entertainment’s 20% Nomu IPO

‎CMA nods to Time Entertainment’s 20% Nomu IPO ‎CMA nods to Time Entertainment’s 20% Nomu IPO

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Logo ofThe Capital Market Authority (CMA)

The Capital Market Authority (CMA) approved today, Dec. 25, the application received from Time Entertainment Co. to float 200,000 shares on the Nomu-Parallel Market.

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The offered shares represent 20% of the company’s share capital.

For More IPOs

The offer will be limited to qualified investors as defined in the list of terms used in the regulations and rules of the CMA. The prospectus will be published well in advance of the offering’s start date, the regulator said in a statement today.

An investment decision without reading and fully reviewing the fund’s terms and conditions (TCs) may involve high risk. Therefore, investors should carefully read the TCs, which include detailed information on the fund, its investment strategy, and riskfactors.

If the TCs prove difficult to understand, it is recommended to refer to the offering’s financial advisorfor more information.

The CMA’s approval is valid for six months from the date of the resolution. It will be deemed cancelled if the offering and listing of the company’s shares are not completed within this period.

 

Logo ofThe Capital Market Authority (CMA)

The Capital Market Authority (CMA) approved today, Dec. 25, the application received from Time Entertainment Co. to float 200,000 shares on the Nomu-Parallel Market.

The offered shares represent 20% of the company’s share capital.

For More IPOs

The offer will be limited to qualified investors as defined in the list of terms used in the regulations and rules of the CMA. The prospectus will be published well in advance of the offering’s start date, the regulator said in a statement today.

An investment decision without reading and fully reviewing the fund’s terms and conditions (TCs) may involve high risk. Therefore, investors should carefully read the TCs, which include detailed information on the fund, its investment strategy, and riskfactors.

If the TCs prove difficult to understand, it is recommended to refer to the offering’s financial advisorfor more information.

The CMA’s approval is valid for six months from the date of the resolution. It will be deemed cancelled if the offering and listing of the company’s shares are not completed within this period.

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