‎Nofoth board approves transition to Main Market

‎Nofoth board approves transition to Main Market ‎Nofoth board approves transition to Main Market

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Logo ofNofoth Food Products Co.

Nofoth Food Products Co.’s board of directors approved, in its meeting held on Sunday, Jan. 12, the transition of the company from Nomu-Parallel Market to the Main Market, according to a statement to Tadawul.

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Estidamah Capital was named as a financial advisor for the transition, which is subject to the Saudi Exchange’s (Tadawul) approval in line with the listing rules and all the requirements.

Any relevant material developments will be announced as they occur.

The company was listed in Nomu in Jan. 2023, with SAR 48 million in capital (a par value of SAR 1 a share), data compiled with Argaam showed.

 

Logo ofNofoth Food Products Co.

Nofoth Food Products Co.’s board of directors approved, in its meeting held on Sunday, Jan. 12, the transition of the company from Nomu-Parallel Market to the Main Market, according to a statement to Tadawul.

Estidamah Capital was named as a financial advisor for the transition, which is subject to the Saudi Exchange’s (Tadawul) approval in line with the listing rules and all the requirements.

Any relevant material developments will be announced as they occur.

The company was listed in Nomu in Jan. 2023, with SAR 48 million in capital (a par value of SAR 1 a share), data compiled with Argaam showed.

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