Al-Jouf Healthy Water Bottling, also known as Helwa, intends to offer 625,000 ordinary shares or 20 percent of capital via listing on Nomu parallel market, according to a bourse filing.

FALCOM Financial Services Co. is the financial advisor and lead manager on the potential offering.

The Saudi stock exchange, Tadawul, approved the company’s application for the listing on Nomu on Oct. 31, 2021 and the Capital Market Authority approved it on Dec. 1, 2021.

Share prices will be determined after the book-building period, FALCOM said in a statement to Tadawul.

The offering period will begin on Sunday Feb. 2 and will end on Thursday Feb. 10.

Copyright: Arab News © 2022 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.