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Yaqeen Capital notified of Al-Mozaini terminating Nomu listing deal

Yaqeen Capital notified of Al-Mozaini terminating Nomu listing deal

Argaam24-07-2025
Yaqeen Capital said it received a notice from Hamad and Ahmed Mohammed Al-Mozaini Real Estate Co. to terminate the agreement to arrange the company's listing on the Nomu-Parallel Market, according to a statement to Tadawul.
On June 4, Yaqeen Capital signed an agreement with Al-Mozaini to arrange the latter's IPO on Nomu, according to data available with Argaam.
Upon completion of all stages, the revenues generated from the transaction were expected to exceed 5% of Yaqeen Capital's total revenues of SAR 89.48 million, based on the latest audited annual financials for 2024.
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