Riyadh – Mubasher: The Capital Market Authority (CMA) passed the requests of two companies to trade their shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul).
Axelerated Solutions for Information and Communication Technology Company plans to list 3 million shares, equivalent to 10.71% of its share capital.
Meanwhile, Anmat Company intends to float 5 million shares, accounting for 11.63% of its share capital.
United Carton Industries Company also obtained the regulatory nod for its initial public offering (IPO) to trade 12 million shares, representing 30% of its share capital, on Tadawul.
