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Saudi Exchange Announces the Listing of “Flynas Co.”
Saudi Exchange announces the listing and trading shares of “Flynas Co.” on the Main Market on Wednesday 18/06/2025, with the symbol 4264 and ISIN Code SA16AH822K19, with +/- 30% daily price fluctuation limits and +/- 10% static price fluctuation limits.
These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onwards, the daily price fluctuation limits will revert to +/- 10% and the static price fluctuation limits will no longer apply.
For more information about “Flynas Co.”, please (click here) to review the prospectus.
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The Capital Market Authority announces the Approval on the Registration and the Initial Public Offering of Berain Company’s Shares
The Capital Market Authority ("CMA") Board has issued its resolution dated 12/10/1447H corresponding to 31/03/2026G approving Berain Company's ("the company") application for the Registration and the offering of (66,000,000) shares representing (30%) of the Company's share capital. The Company’s prospectus will be published within sufficient time prior to the start of the subscription period. The prospectus includes all relevant information that the investor needs to know before making an investment decision, including the Company's financial statements, activities and management. A subscription decision without reading the prospectus carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the prospectus, which includes detailed information on the company, the offering and risk factors. Thus, providing potential investors the ability to evaluate the viability of investing in the offering, taking into consideration the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision. The CMA’s approval on the application should never be considered as a recommendation to subscribe in the offering of any specific company. The CMA's approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met. The CMA’s approval on the application shall be valid for (6) months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company's shares are not completed within this period.
21/04/2026 21:08:13 -
The CMA Calls for Public Consultation on Improving the Regulatory Framework for Securitization
The Capital Market Authority (CMA) called upon all interested persons and participants in the capital market to share their feedback on the Draft Amendments to Improve the Regulatory Framework for Securitization, through the development of a number of regulatory provisions in the Rules on the Offer of Securities and Continuing Obligations, the Rules for Special Purposes Entities, and the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The consultation period will last for 45 calendar days, ending on 19/12/1447H, corresponding to 05/06/2026. The Draft aims to deepen the sukuk and debt instruments market in the Kingdom by improving the regulatory framework for securitization operations to be stimulating and enabling, in addition to enhancing the diversity of investment products available in the capital market, thereby supporting a diversified investor base and increasing the market's efficiency and attractiveness to various categories of investors. The proposed amendments encompass a number of regulatory aspects aimed at supporting market development. Most notably, they include allowing the public offering of asset-backed debt instruments through securitization operations, alongside developing the regulatory requirements related to the offering of this type of debt instruments. The amendments also aim to enhance the level of disclosures related thereto, contributing to higher levels of transparency in the capital market and supporting investors' ability to make informed investment decisions based on clear and comprehensive information. The proposed Draft comes as part of the CMA's ongoing efforts to develop the regulatory environment of the Kingdom's capital market and to align with international best practices in sukuk and debt instruments markets, contributing to supporting the growth of the capital market and enhancing its role in financing the economy and diversifying investment channels in the Saudi market. The CMA emphasized that the comments of relevant and interested persons, including individuals, government entities, the private sector, and CMA's supervised entities, shall be taken into full consideration for the purpose of approving the final proposed Draft, which in turn shall contribute to the aim of enhancing and developing the regulatory environment. Opinions and comments can be received through any of the following: The Unified Electronic Platform for Consulting the Public and Government Entities (Public Consultation Platform), affiliated with the Saudi Competitiveness & Business Center through the following link: istitlaa.ncc.gov.sa The prescribed form through the following email: Laws.Regulations@cma.org.sa The Draft can be reviewed through the following link: The Draft Amendments to the Rules for Special Purposes Entities and the Rules on the Offer of Securities and Continuing Obligations and the Glossary of Defined Terms Used in The Regulations and Rules of the Capital Market Authority Guideline for Periodic Reports for Public Offerings of Asset-Backed Debt Instruments Issued by Special Purpose Entities Prescribed form for providing comments
21/04/2026 21:02:52 -
The CMA Calls for Public Consultation on the Draft Amendment to Article Five and Article Eighteen of the Capital Market Law
The Capital Market Authority (CMA) called upon relevant and interested persons participating in the capital market to share their feedback on the Draft Amendment to Article Five and Article Eighteen of the Capital Market Law. The consultation period will last for 30 calendar days, ending on 04/12/1447H, corresponding to 21/05/2026. The proposed Draft aims to enhance international cooperation between the CMA and its foreign counterpart authorities, in line with international best practices, in a manner that enhances confidence in the capital market. The CMA emphasized that the comments of relevant and interested persons, including individuals, government entities, the private sector, and CMA's supervised entities, shall be taken into full consideration for the purpose of approving the final proposed Draft, which in turn shall contribute to the aim of enhancing and developing the regulatory environment. Opinions and comments can be received through any of the following: ·The Unified Electronic Platform for Consulting the Public and Government Entities (Public Consultation Platform), affiliated with the Saudi Competitiveness & Business Center through the following link: istitlaa.ncc.gov.sa ·The prescribed form through the following email: Laws.Regulations@cma.org.sa The Draft can be reviewed through the following link: The Draft Amendment to the Capital Market Law Prescribed form for providing comments
21/04/2026 20:57:14 -
The Capital Market Authority approves the capital increase request for Atlas Elevators General Trading and Contracting Company through the issuance of bonus shares
The CMA has issued its resolution approving Atlas Elevators General Trading and Contracting Company’s request to increase its capital from SAR (60,000,000) to SAR (90,000,000) through issuing (1) bonus share for every (2) existing shares owned by the shareholders who are registered in the shareholders registry at the Security Depository Center as of the closing of the second trading day after the due date which will be determined later by the Company’s board, such increase will be paid by transferring an amount of SAR (17,300,000) from “Retained earnings” account and an amount of SAR (12,700,000) from “Share premium” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (6,000,000) shares to (9,000,000) shares, by an increase of (3,000,000) shares. The extraordinary general assembly shall be held within six months from this approval date and the Company shall satisfy all regulatory requirements and applicable laws.
21/04/2026 20:49:49 -
The Capital Market Authority approves the capital increase request for Multi Business Group Company through the issuance of bonus shares
The CMA has issued its resolution approving Multi Business Group Company’s request to increase its capital from SAR (15,000,000) to SAR (45,000,000) through issuing (2) bonus shares for every (1) existing share owned by the shareholders who are registered in the shareholders registry at the Security Depository Center as of the closing of the second trading day after the due date which will be determined later by the Company’s board, such increase will be paid by transferring an amount of SAR (30,000,000) from “Share premium” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (15,000,000) shares to (45,000,000) shares, by an increase of (30,000,000) shares. The extraordinary general assembly shall be held within six months from this approval date and the Company shall satisfy all regulatory requirements and applicable laws.
21/04/2026 20:46:49