Riyadh – Mubasher: Sumou Real Estate Company has issues the prospectus for its initial public offering (IPO) on the Nomu - Parallel Market.
The Saudi Capital Market Authority (CMA) approved in December Sumou Real Estate Company’s request to offer and register 7.5 million shares or 30% of its share capital on Nomu.
Offered shares are priced at SAR 24 per share, with a total size of SAR 180 million.
The offering will be launched on 16 February until 19 March 2020, with the final results set to be announced on 24 March.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2020 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.
