Saudi Advanced Industries Company (SAIC) announces that one of its fellow companies has appointed a financial advisor to launch in the parallel market (Nomu)
| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Advanced Industries Company (SAIC) announces of that one of its fellow companies on date 04/01/2021 (Obeikan Glass Company), in which Saudi Advanced Industries Company owns 40% of its capital, appoints Falcom Financial Service Company, as a financial advisor for the process of offering in the parallel market (Nomu) in accordance with the rules of registration and listing in force.
it is worth mentioning that this is among the efforts of Saudi Advanced Industries Company to urge and push the fellow companies to listing their shares in the financial market to reflect positive impact on the shareholders' equity and the company's financial position when possible to list into Saudi Stock Market. |
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