Riyadh – Mubasher: Al Moammar Information Systems (MIS) Company said the board of Edarat Company for Communication and Information Technology has begun necessary procedures to list the firm on the Nomu-Parallel Market Capped Index (NomuC).
Edarat is a 50%-owned subsidiary of MIS, according to a bourse filing on Sunday.
The material impact cannot be assessed at the moment, MIS said, noting that listing on the parallel market is subject to the requirements and approvals of Saudi regulatory bodies including, the Capital Market Authority (CMA), and the Saudi Stock Exchange (Tadawul).
