Saudi CMA approves Falcom Gold Fund offering

Falcom operates in investment banking, private equity, asset management, brokerage and financial research

  
A man checks his mobile phone next to a screen with Saudi Stock Exchange (Tadawul) prices in Riyadh, Saudi Arabia September 16, 2019. REUTERS/Stringer

A man checks his mobile phone next to a screen with Saudi Stock Exchange (Tadawul) prices in Riyadh, Saudi Arabia September 16, 2019. REUTERS/Stringer

Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved the public offering of Falcom Gold Fund.

The CMA noted that its approval should never be considered as a recommendation to subscribe in the fund, as it merely means that the legal requirements have been met, according to a statement to the Saudi Stock Exchange (Tadawul).

It is worth noting that Falcom operates in investment banking, private equity, asset management, brokerage and financial research.

Source: Mubasher

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