Latest news with #TimeEntertainment
Zawya
14 hours ago
- Business
- Zawya
Time Entertainment to debut on Saudi's Nomu on June 17
The shares of Time Entertainment Company will start trading on the Nomu-Parallel Market from June 17, the Saudi Exchange said in a statement. The stock will trade with daily and static price fluctuation limits of ±30% and ±10%, respectively. Time Entertainment floated 200,000 shares, representing 20% of the company's share capital. The final IPO price was set at SAR 80, with the offering 141.41% oversubscribed. The Riyadh-based Time Entertainment was established in 2012 and has organised numerous events, including the World Economic Forum, Diriyah Season Opening Ceremony, ROSHN Saudi League Closing Ceremony, among others. (Editing by Seban Scaria
Argaam
a day ago
- Business
- Argaam
Time Entertainment's shares to debut on Nomu on June 17
The Saudi Exchange (Tadawul) announced that Time Entertainment Co. will start trading on the Nomu -Parallel Market as of June 17, with the symbol 9642 and ISIN Code SA16B184ML18. The stock will trade with daily and static price fluctuation limits of +/-30% and +/-10%, respectively, according to a Tadawul statement today, June 15. Separately, the Securities Depository Center Co. (Edaa) said Time Entertainment's subscribed securities were deposited today into the accounts of eligible shareholders. According to Argaam 's data, Time Entertainment's offered shares represented 20% of the company's SAR 10 million-share capital, divided into one million shares. The final IPO price was set at SAR 80 each in an offering that was 141.41% covered.
Argaam
25-05-2025
- Business
- Argaam
Time Entertainment's offering price set at SAR 76-80/share
AlKhair Capital, the financial advisor and lead manager on the potential offering of Time Entertainment Co. announced that the offering price range was set between SAR 76-80 per share. In a statement to Tadawul, the company noted that the book building process to qualified investors will run from May 27 to June 1. For More IPOs According to data available to Argaam, the company plans to sell 200,000 shares, or 20% of capital, at a par value of SAR 10 per share, in an initial public offering (IPO) on the Nomu-Parallel Market. The Capital Market Authority (CMA) approved, in December 2024, the application received from the company to register its shares for direct listing on Nomu. Time Entertainment was established in 2012 as a limited liability company under the name Time Talent Management Company. It was later transformed into a joint stock company in 2023. The company's primary activity is organizing entertainment events, including professional event consulting, live creative experiences, shows, and celebrations.
