TAM Development is pleased to announce its intention to list 16% of its share capital (585,000 shares) on the Nomu – Parallel Market of the Saudi Exchange (Tadawul), allowing qualified institutional investors and (x type of investors) to participate in the growth of the Saudi consulting industry.
On the Saudi Stock Exchange parallel market, Nomu.
This IPO listing is available to Qualified or Accredited Investors: Comprising high-net-worth or high-
income individuals or entities classified as qualified to invest in complex or sophisticated types of
securities.
The subscription is only open to qualified investors at this time.
The minimum share allocation offering is 10 shares. The maximum share allocation offering is 182,990
shares.
No. You do not have to be a local investor, however, you must be considered a qualified investor within the Kingdom of Saudi Arabia and meet the Nomu – Parallel Market eligibility criteria.
Qualified investors must submit their applications via the IPO financial advisor and manager Yaqeen Capital’s digital bidding portal.
