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Tabuk Agricultural Development Co ( TADCO) announces that one of its subsidiaries has appointed a financial advisor to launch in the parallel market (Nomu)

TADCO 6040 36.02% 19.26 5.10
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Announcement Detail Tabuk Agricultural Development Co (TADCO) announces of that one of its subsidiaries on date 11/07/2021 (Horizon Foods Limited Company) Which is engaged in the production and processing of meat, in which Tabuk Agricultural Development Company owns 50% of its capital, appoints Wasatah Capital, 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 Tabuk Agricultural Development Company to urge and push the subsidiaries 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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