Announcement of the cancellation of Al-Hokail Academy Specialized Digital Polyclinics Co offering and listing on the Parallel Market (NOMU)
| Element List | Explanation |
|---|---|
| Announcement Detail | Al-Hokail Academy Specialized Digital Polyclinics Co. (“The Company”) in consultation with its financial advisor, has decided to cancel its initial public offering (“IPO”) on the Parallel Market (“Nomu”) of the Saudi Exchange. This is in order to ensure the interest of investors and shareholders. This comes with the aim of ensuring the best possible conditions for listing, and the company aims with this decision to enhance the confidence of investors and shareholders in the strength and sustainability of its business.
The Company is confident of its strategy and future prospects and has decided that it would be in the best interests of its shareholders and investors to return to the market at a later stage. |
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