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Saudi-listed Shalfa Facilities Management is planning to transition from the Nomu parallel market to the main market (TASI).
Value Capital is advising on the transfer. The Riyadh-based firm reported a 2025 net profit of 25 million riyals.
The transition is subject to Tadawul approval with Shalfa required to meet all main market listing norms, including a minimum two-year listing on Nomu and an average market capitalisation of 200 million riyals over the past six months.
(Writing by Ahmad Mousa; editing by Seban Scaria)
