‎Ghida Al Sultan issues prospectus to float 640,000 shares on Nomu

‎Ghida Al Sultan issues prospectus to float 640,000 shares on Nomu

Ghida Al Sultan for Fast Food Co. issued the prospectus to list 640,000 shares on Tadawul's Nomu-Parallel Market.

The offer shares represent 20% of the company’s total SAR 32 million capital.

The Capital Market Authority (CMA) approved in December the application received from the company to register its shares for direct listing on Nomu.

The offer period will run from March 12-19.

Ghida Al Sultan for Fast Food Co. is a Saudi closed joint-stock company, established as a sole proprietorship in 2010 and headquartered in Jeddah.

The company's current activity, as per its commercial register, is fast food (including pizza shops).