Jahez gets CMA’s nod to up offer shares on Nomu to 1.89 mln

07/12/2021 Argaam

Logo of Jahez

The Capital Market Authority (CMA) approved an application from Jahez International Company for Information Systems Technology to increase the size of its offer on Parallel Market (Nomu) to 1.89 million shares, or 18% of the company’s capital.

 

Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the supplementary prospectus. If the supplementary prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.​​​

 

On Sept. 29, the market regulator gave Jahez a green light to offer 1.36 million shares, or 13% of the company’s capital.

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