Saturday, 27 July 2024

Conditional share trading

CMA Approve AME company’s for Medical Supplies’ Listing

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CMA Board approved AME company’s for Medical Supplies application for the registration of its shares for direct listing in the parallel market.

Trading these shares will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority.

The registration document will be published within sufficient time prior to listing.

Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the registration document.

If the registration document proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.

The CMA’s approval on the application should never be considered as a recommendation to invest in the shares of the company.

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