Saudi Arabia's Capital Market Authority (CMA) has approved Mataam Bayt AlShatira Lilwajbat Alsariya Company's (Burgerizzr) application to offer 29 percent of the its share capital on the parallel market, Nomu.

The offer will be open to qualified investors, the regulator said. 

The company is the owner and operator of the Burgerizzr restaurant chain in the kingdom. 

(Writing by Brinda Darasha; editing by Daniel Luiz)

brinda.darasha@refinitiv.com

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here

© ZAWYA 2021