FALCOM Financial Services Company announces the Offering of Alwasail Industrial Company and the listing of its shares on the Parallel Market (“NOMU”).
| Element List | Explanation |
|---|---|
| Announcement Detail | FALCOM Financial Services Company in its capacity as the Financial Advisor and Lead Manager on the potential offering of Alwasail Industrial Company (the “Company” or “Wasail”) announce the intention of the Company to offer (2,500,000) ordinary shares representing (10.00%) of the Company’s shares (“the Offering”), and the listing of the Company’s shares on the Parallel Market (“NOMU”).
The Saudi Exchange approved the Company’s application for the listing its shares on the Parallel Market (“NOMU”) on 18/03/1443H (corresponding to 24/10/2021G) and the Capital Market Authority (“CMA”) approved the Company’s application for the Initial Public Offering of the Company’s shares on the Parallel Market (“NOMU”) on 28/03/1443H (corresponding to 03/11/2021G). The price at which all subscribers in the offering will purchase the Shares will be determined after the book-building period. The Offering Period will begin on Sunday 22/05/1443H (corresponding to 26/12/2021G) and will end on Thursday 26/05/1443H (corresponding to 30/12/2021G).
For more information, please visit the Capital Market Authority website (www.cma.org.sa).
Or the website of the Financial Advisor (www.falcom.com.sa) Or Wasail website ( www.alwasail.com) For the Red Herring Prospectus, please visit the Capital Market Authority website below:
Alwasail.pdf (cma.org.sa) |
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