Asas Makeen to open subscription for its Nomu IPO on 19 May
This is a secondary share sale
Available in your choice of English or Arabic
This is a secondary share sale
The subscription period will run from 19-26 May
Proceeds from the primary share sale will be used to support the firm’s growth
The offering was 5x oversubscribed
Qualified investors can subscribe to the offering starting Sunday, 4 May
There’s no word yet on when the company’s shares will hit the market
Subscription will open between 4-8 May
This is the first IPO in the Middle East after the tariff shock roiled global markets
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