Riyadh – Mubasher: Al Jouf Mineral Water Bottling Company (Hilwa) will commence its listing and trading of shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on 2 March.
Hilwa will be listed on Nomu under the symbol 9532, according to a bourse disclosure on Monday.
Tadawul noted that the daily and static price fluctuation limits for Hilwa’s stock will be +/- 30% and +/- 10%, respectively.
Earlier this month, the Saudi water bottling company set a price range of SAR 32-35 per share for its potential offering on Tadawul.
In January this year, Hilwa disclosed its intention to list 20% of its total shares on the Saudi stock market.