Latest news with #JamjoomFashionCo
Argaam
3 days ago
- Business
- Argaam
Jamjoom Fashion issues prospectus for Nomu IPO
Jamjoom Fashion Co. issued the prospectus to float 2.38 million shares on the Nomu-Parallel Market. The offered shares represent 30% of its pre-IPO capital of SAR 79.48 million, divided into 7.94 million shares at SAR 10 par value. The IPO will be limited to qualified investors, as per the Capital Market Authority's (CMA) instructions. The share offering will run for four working days, from Sept. 1-4. In June, the CMA approved the company's application to list its shares on Nomu.
Argaam
23-06-2025
- Business
- Argaam
CMA approves Jamjoom Fashion 2.4M-share IPO on Nomu
The Capital Market Authority (CMA) approved the application of Jamjoom Fashion Co. to register and float 2.38 million shares on the Nomu -Parallel Market in a public offering. The offer shares represent 30% of the company's capital. The offer will be confined to qualified investors stipulated in the glossary of defined terms used in the CMA regulations and rules. The prospectus will be published within sufficient time prior to the start of the offering. The CMA confirmed that its approval is valid for six months and will be void if the share offering and listing are not completed within this period.
