Latest news with #Nomu-ParallelMarket
Zawya
06-05-2025
- Business
- Zawya
ANMAT Tech to float 5mln shares on Saudi Arabia's Nomu
ANMAT Tech for Trading Company plans to sell five million shares on Saudi Arabia's Nomu-Parallel Market. The float represents 13.16% of shares before the offering and capital increase and 11.63% after the offering and capital increase. The offering will be available to qualified investors on Nomu, Darb Altujjar Financial Company (Merchants Capital), the financial advisor for the IPO, said in a statement published on the Saudi stock exchange on Monday. The final price will be determined before the commencement of the subscription period, which runs from May 22 to 27. The minimum shares subscription is set at 100 and the maximum limit is two million for each subscriber. The final allocation of shares will be announced on June 1. ANMAT Tech was established in 2008 in Riyadh as a technology-driven trading enterprise, operating across three core sectors: information and communication technology (ICT), construction and building materials, and industrial solutions. (Editing by Seban Scaria
Argaam
05-05-2025
- Business
- Argaam
Axelerated Solutions issues prospectus for Nomu listing
Axelerated Solutions for Information and Communication Technology Co. issued the prospectus for offering 3 million shares on the Nomu-Parallel Market. The offered shares represent 12% of the company's pre-IPO share capital, and 10.71% of post-IPO capital. The company is currently capitalized at SAR 25 million. The post-IPO capital will amount to SAR 30 million, divided into 30 million shares at par value of SAR 1 each. The share sale will run for seven working days from May 15-21, 2025. The Capital Market Authority (CMA) approved in December 2024 the application received from the company to register its shares on Nomu. Established in 2015 with headquarters in Riyadh, the company offers managed and operational services, software licensing, PCs, and their accessories. Company Profile Company Axelerated Solutions for Information and Communication Technology Co. Market Nomu-Parallel Market Core Activities ICT Capital before IPO SAR 25 mln No. of Shares 25 mln Capital after IPO SAR 30 mln Number of shares 30 mln Share Par Value SAR 1 IPO Summary Issue Percentage 10.71% Post IPO (12% of pre-IPO capital) Offered Shares 3 mln IPO Minimum Limit 100 shares IPO Maximum Limit 1,399,900 shares Offer period The share sale will run for seven working days from May 15-21, 2025 Final Allocation May 26, 2025 Refund (if any) May 28 Company Shareholders Shareholders Before IPO Post-Offering No. of Shares (mln) Ownership (%) No. of Shares (mln) Ownership (%) Ahmed Abdulaziz Ibrahim Al-Usaili 10.00 40.00% 10.00 35.71% Abdullah Abdulaziz Ibrahim Al-Usaili 7.50 30.00% 7.50 26.79% Yousef Abdulaziz Ibrahim Al-Usaili 7.50 30.00% 7.50 26.79% New shares to qualified investors -- -- 3.00 10.71% Total 25.00 100% 28.00 100%
Argaam
04-05-2025
- Business
- Argaam
Anmat issues prospectus to float 5M shares on Nomu
Anmat Technology Trading Co. issued today, May 4, its prospectus for the offering of 5 million shares on the Nomu-Parallel Market. The offered shares represent 11.63% of the company's post-IPO capital and 13.16% of pre-IPO capital. For More IPOs The offer period will run from May 22-27, 2025. In December 2024, the Capital Market Authority (CMA) approved the registration and offering of the company's shares on Nomu. Established in 1429 Hijri, Anmat Co. is specialized in providing a number of services across three sectors: Information Technology and Communications (ICT), construction, and industrial. These services include: Providing tailored software solutions to meet the specific needs of customers across various sectors. Supplying and managing network systems, data centers, and cloud storage solutions. Providing integrated solutions to protect data and systems from cyber threats. Supplying and implementing advanced systems for voice and video applications and comprehensive communications services. Planning, coordinating, and executing construction projects, ensuring adherence to timelines and budgets. Implementing various residential and commercial projects, from residential buildings to large commercial complexes. Designing and implementing infrastructure projects such as roads, bridges, and water and sewage networks. Providing high-quality finishing services and designing and executing metal structures for industrial and commercial projects. Performing electrolytic coating processes, especially on aluminum. Coating aluminum profiles to improve their properties and protect them. Company Profile Company Anmat Co. Core Activities ICT, Construction and Industry Market Nomu-Parallel Market Pre-IPO Capital SAR 38 mln Number of Shares 38 mln Post-IPO Capital SAR 43 mln Number of shares 43 mln Share Par Value IPO Summary Issue Percentage 11.63% of post-IPO capital and 13.16% of pre-IPO capital Offered Shares 5 mln shares IPO Minimum Limit 100 shares IPO Maximum Limit 2 mln Offer period From May 22 to 27, 2025 Final Allocation June 1, 2025 Refund (if any) June 3, 2025 Company Shareholders Shareholders Before IPO Post-Offering No. of Shares (mln) Ownership (%) No. of Shares (mln) Ownership (%) Dima bint Ayman Ahmed Aqelan 20.90 55% 20.90 48.60% Sawsan bint Mohammed Ahmed Aqelan 17.10 45% 17.10 39.77% QFIs -- -- 5.00 11.16% Total 38.00 100% 43.00 100% Additional Information Financial Advisor Neo Merchants Capital Lead Manager Alinma Investment Receiving Banks Derayah Financial, Albilad Capital, Alkhabeer Capital, AlJazira Capital, ANB Capital, Al Rajhi Capital, Saudi Fransi Capital, Alinma Investment, GIB Capital, Alistithmar Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital, and Yaqeen Capital.
Argaam
04-05-2025
- Business
- Argaam
Subscription to Adeer Real Estate's 1M shares starts today on Nomu
Qualified investors started today, May 4, subscribing to one million shares of Adeer Real Estate on the Nomu-Parallel Market at SAR 85 per share. The shares on offer represent 20% of the company's pre-IPO capital of SAR 50 million, divided into five million shares, at par value of SAR 10 each. For More IPOs The share sale will run from May 4 -8. Today's listings of Adeer Real Estate and Dkhoun National Trading Co. will bring this year's IPOs to ten on the parallel market, after Alshehili Company for Metal Industries and ITMAM Consulting Co. on Jan. 5, Basma Adeem Medical Co. (Smile Care) on Jan. 13. In addition to Lamasat Co. on Jan 20, Ratio Speciality Company for Trading and Hedab Alkhaleej Trading Co. on Feb. 16, as well as Future Vision for Health Training Co. on April 6, and Service Equipment Co. on April 13. Nomu witnessed 28 IPOs in 2024. In December 2024, the Capital Market Authority (CMA) approved Adeer's application to offer its shares on Nomu. The subscription is limited to certain categories of investors, including capital market institutions authorized to act on their own accounts, as well as clients of capital market institutions authorized to carry out management operations. This is provided that they are appointed under terms that enable them to take decisions related to accepting participation in the share offering and investment in Nomu on behalf of clients without prior consent. The categories include the Saudi government, any government or international entity approved by the CMA, the Saudi market, any other financial market recognized by the CMA, or the Securities Depository Center (Edaa). They also include companies owned by the government, directly or through a portfolio managed by a person authorized to practice management operations. This is in addition to investment funds, companies, and funds established in the GCC countries. Investors qualified to participate in the subscription include non-resident foreigners who are allowed to invest in Nomu and who meet the requirements stipulated in the guidelines for investment of non-resident foreigners in Nomu. They also include qualified foreign financial institutions and any legal person entitled to open investment accounts inside the Kingdom and with Edaa. Natural persons are allowed to open investment accounts inside the Kingdom and with Edaa, provided they fulfill certain criteria, including the below: They should have executed transactions in the securities markets worth a minimum of SAR 40 million, and at least 10 deals in each quarter during the past 12 months. Natural persons should also have a net asset value of at least SAR 5 million and be working or have worked for at least three years in the financial sector. They should hold a general certificate in securities dealing, approved by the CMA, and a professional certificate in the field of securities business, approved by an internationally recognized body. The company set the offering price for qualified investors at SAR 85 each. Company Profile Founded in 2012 as Adeer Real Estate Services in the Eastern Region, the company specializes in real estate marketing and sales management, through direct sales, real estate auctions, and sales centers. This is in addition to property management through sustainable management solutions, including maintenance, operations, and periodic reporting on leasing status and occupancy rates. Company Profile Company Adeer Real Estate Market Nomu-Parallel Market Core Activities Purchase and sale of land plots and properties Pre-IPO Capital SAR 50 mln Number of Shares 5 mln Share Par Value SAR 10 IPO Summary Offered Shares 20% Offered shares 1 mln Offering Price SAR 85 per share IPO Minimum Limit 10 shares IPO Maximum Limit 249,999 shares Offer Period May 4-8, 2025 Final Allocation May 12, 2025 Surplus Refund (if any) May 15, 2025 Company Shareholders Shareholders Before IPO After IPO Number of Shares (mln) Ownership (%) Number of Shares (mln) Ownership (%) Sumou International Investment Company 3.75 75% 3.0 60% Abdulrahman Ayed Farhan Al-Qahtani 0.31 6.25% 0.25 5% Muteb Hamad Ghdhaif Al-Qahtani 0.31 6.25% 0.25 5% Salman Ayed Farhan Al-Qahtani 0.31 6.25% 0.25 5% Abdullah Ayed Farhan Al-Qahtani 0.31 6.25% 0.25 5% Public -- -- 1 20% Total 5.00 100 % 5.00 100 %
Argaam
16-04-2025
- Business
- Argaam
CMA approves Nofoth's 100% capital hike to SAR 96M
The Capital Market Authority (CMA) approved Nofoth Food Products Co. 's application to increase its capital from SAR 48 million to SAR 96 million, the market regulator said in a statement today, April 15. The capital hike will be carried out through the issuance of one bonus share for every share held by shareholders registered with the Securities Depository Center (Edaa) by the close of the second trading day after the record date, which will be determined later by Nofoth's board. The move will be funded by transferring SAR 48 million from retained earnings to the company's capital, according to the CMA. As a result, the number of shares will increase from 48 million to 96 million, reflecting an addition of 48 million shares. The market regulator stated that the company's extraordinary general meeting (EGM) should be held within six months of this approval date, provided that the company satisfies all regulatory requirements and applicable laws. Last March, Nofoth's board recommended a 100% capital increase by distributing one bonus share for every share held, according to Argaam data. The move aims to boost the company's financial strength, support expansion plans, and enhance shareholder returns by growing operations and seizing opportunities in the food sector. Nofoth's board also approved the company's transition from the Nomu-Parallel Market to the Main Market (TASI) in January.
