Riyadh – Mubasher: Armas Co. Ltd hired Musharaka Capital Company as the financial advisor for the offering and listing of its shares on the Saudi Nomu-Parallel Market.

The company said that it will contact qualified investors to invest in the offered shares, after obtaining the necessary and regulatory approvals, according to a bourse filing on Monday.

Armas was established 25 years ago and is working in the design, manufacture, and supply of solid surfaces for kitchens and restaurants through the Maromix brand.

The Saudi Stock Exchange (Tadawul) launched Nomu on 26 February 2017, after the Capital Market Authority (CMA) issued the listing rules.