Logo of Capital Market Authority (CMA)
The Capital Market Authority (CMA) approved today, June 23, the application submitted by Perfect Weight Trading Co. to register and offer about 451,500 shares, on the Nomu-Parallel Market.
The stake represents 15% of the company’s total share capital, the market regulator said in a statement.
The offer will be only for 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 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.
Perfect Weight is specialized in diet plans, natural products and sports nutrition supplements. It has more than 120 stores in the Kingdom, according to the company’s website.
Logo of Capital Market Authority (CMA)
The Capital Market Authority (CMA) approved today, June 23, the application submitted by Perfect Weight Trading Co. to register and offer about 451,500 shares, on the Nomu-Parallel Market.
The stake represents 15% of the company’s total share capital, the market regulator said in a statement.
The offer will be only for 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 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.
Perfect Weight is specialized in diet plans, natural products and sports nutrition supplements. It has more than 120 stores in the Kingdom, according to the company’s website.