CMA nods to ASG Plastic Factory’s request to float 750,000 shares on Nomu

13/03/2024 Argaam

CMA nods to ASG Plastic Factory’s request to float 750,000 shares on Nomu

Logo of ASG Plastic Factory Co.

The Capital Market Authority (CMA) announced today, March 13, approving ASG Plastic Factory Co.’s request to list and float 750,000 shares, representing 10.64% of its share capital, on Nomu-Parallel Market.

 

The offering will be confined to qualified investors and the prospectus will be published within sufficient time prior to the offering’s start, the market regulator said in a statement.

 

For More IPOs

 

The approval is valid for six months. It shall be deemed cancelled if the offering and listing are not finalized within this period.

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