Riyadh – Mubasher: The Capital Market Authority (CMA) passed the request of Tam Development Company to offer 585,600 shares, accounting for 16% of its share capital, on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul).
The CMA also approved for Waja Company to list 455,000 shares, representing 13% of its share capital, on Nomu.
Furthermore, the authority greenlighted the requests of Al Muneef Company for Trade, Industry, Agriculture and Contracting as well as Knowledge Net Company to offer 20% of their share capital.
Al Muneef plans to trade 760,000 shares, while Knowledge Net Company intends to list 700,000 shares on Nomu.
Funds
The CMA issued its resolution that approved the public offering of SNB Capital GCC Financial Sector Fund by SNB Capital.
The regulatory entity also passed its approval for the public offering of Albilad Freestyle Saudi Equity Fund by AlBilad Investment Company (Albilad Capital).
The CMA recently gave its approval for six firms to trade on Tadawul.
