Saudi CMA approves Nomu listing of 3 companies

A Saudi trader monitors stocks at the Saudi stock market in Riyadh. FAISAL NASSER, Reuters
Reuters Images

Qudra for Communications and Information Technology Company intends to float 5mln shares, equivalent to 18.18% of the share capital

Staff Writer, Mubasher

March 18, 2025

PHOTO
A Saudi trader monitors stocks at the Saudi stock market in Riyadh. FAISAL NASSER, Reuters

Riyadh – The Capital Market Authority (CMA) passes, on 17 March, the requests of three companies to trade their shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul).

Marketing Home Group Company plans to offer 4.80 million shares, representing 30% of its share capital.

Qudra for Communications and Information Technology Company intends to float 5 million shares, equivalent to 18.18% of the share capital.

Meanwhile, Hawyia Auctions Company seeks to trade 2.40 million shares, accounting for 12% of the capital.

Source: Mubasher

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