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Saudi Exchange Announces the Listing of “Lamasat Co.”
Saudi Exchange announces the listing and trading shares of “Lamasat Co.” on Nomu – Parallel Market on Sunday 09/02/2025, with the symbol 9628 and ISIN Code SA76902KME11, with +/- 30% daily price fluctuation limits and +/- 10% static price fluctuation limits.
For more information about “Lamasat Co.”, please (click here) to review the prospectus.
For more information, please visit Nomu – Parallel Market page on our website by (clicking here).
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CMA Announces the Approval of Public Offering of "WinVeston Saudi Equity Quant Fund”
The CMA has issued its resolution approving the public offer, by "WinVeston capital company”, of "WinVeston Saudi Equity Quant Fund”. An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the Terms and Conditions which includes detailed information on the Fund, investment strategy and risk factors, and carefully study it to be able to assess the feasibility of taking into consideration the associated risks. If the Terms and conditions proves difficult to understand, it is recommended to refer to the fund manager for more information. The CMA's approval of the fund should never be considered as a recommendation to subscribe in the fund, The CMA's approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
24/03/2025 18:44:03 -
The Capital Market Authority Approves Saudi Industrial Investment Group’s Request to Reduce its Capital
The CMA has issued its resolution approving Saudi Industrial Investment Group’s request to reduce its capital from SAR (7,548,000,000) to SAR (6,793,200,000), thus reducing the number of shares from (754,800,000) shares to (679,320,000) shares. This approval is conditional on the Company’s extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations. The Company will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effect of such reduction within sufficient time prior to the Extraordinary General Assembly Meeting to enable shareholders to vote on the capital decrease. The CMA’s approval of a particular company’s application to reduce its capital should never be viewed as an endorsement of the feasibility of the capital decrease. The CMA’s approval of a company’s application to reduce its capital merely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.
24/03/2025 18:40:48 -
The Capital Market Authority approves the capital increase request for Edarat Communication and Information Technology Company through the issuance of bonus shares
The CMA has issued its resolution approving for Edarat Communication and Information Technology Company's request to increase its capital from SAR (25,200,000) to SAR (50,400,000) through issuing (1) bonus share 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 (25,200,000) from “Retained earnings” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (2,520,000) shares to (5,040,000) shares, by an increase of (2,520,000) 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.
24/03/2025 18:37:17 -
The Capital Market Authority Announces the Approval on the Registration and Offering shares of Rawabi Marketing International Company in the Parallel Market
The Capital Market Authority "CMA" Board has issued its resolution dated on 20/09/1446H corresponding to 20/03/2025G approving of Rawabi Marketing International Company "the Company" application for the registration and offering of (1,000,000) shares representing (6.45%) of the Company's share capital in the Parallel Market. The offer will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The prospectus will be published within sufficient time prior to the start of the offering. Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. 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 invest in the offering or shares of the 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.
24/03/2025 07:59:51 -
The Capital Market Authority Announces the Approval on the Registration and Offering shares of Wajd life trading Company in the Parallel Market
The Capital Market Authority "CMA" Board has issued its resolution dated 20/09/1446H corresponding to 20/03/2025G approving Wajd life trading Company "the Company" application for the registration and offering of (2,500,000) shares representing (20%) of the Company's share capital in the Parallel Market. The offer will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The prospectus will be published within sufficient time prior to the start of the offering. Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. 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 invest in the offering or shares of the 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.
24/03/2025 07:59:22