Friday, 19 April 2024

Appointing Wasatah Capital as Financial Advisor

Anaam Holding to be Listed, in NOMU 

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Anaam International Holding Group announced on Wednesday, that Saudi Wasit company, one of its subsidiaries, has appointed Wasatah Capital, as a financial advisor for the process of offering, in the parallel market (Nomu).

The action comes in accordance with the rules of registration and listing in force, the company pointed out.

Saudi Wasit company manufactures and markets toys, entertainment equipment, and accessories for gardens, beaches, and water parks, in which Anaam International Holding Group owns 51% of its capital.

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The step is part of the efforts exerted by Anaam International Holding Group to urge and push its subsidiaries, to listing their shares in the financial market, to reflect positive impact on the shareholders’ equity, and the company’s financial position, readying itself  for a possible going public, in the Saudi Stock Market.

 

 

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