Riyadh - Mubasher: Advance International Communication and Information Technology Company seeks to offer 400,000 ordinary shares for the listing on the Parallel Market (NOMU).
The offering for 20% of the company's shares is set to start on Sunday, 12 December 2021, and end on Thursday, 16 December, according to a bourse filing on Monday.
The price of the potential offering, on which Falcom Financial Services Company is the Financial Advisor and Lead Manager, will be determined after the book-building period.
The Saudi Exchange (Tadawul) and the Capital Market Authority (CMA) approved the company’s application for the listing of its shares on NOMU on 20 October and 3 November, respectively.
Source: Mubasher
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