Healthcare provider Naba Alsaha to float IPO for 20% stake on Nomu

  • 7/18/2022
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RIYADH: Naba Alsaha Medical Services Co. will float 1.4 million shares on Nomu-Parallel Market, representing 20 percent of its share capital. The offer price will be determined before the subscription period, which begins on Aug. 8 and ends on Aug. 14, its financial advisor, Aldukheil Financial Group, said in a bourse filing. With a capital of SR70 million ($19 million), Naba Alsaha Medical Services Co. started operating in the healthcare sector in 1984. It received the approval to register its capital on Nomu by the Capital Market Authority in mid-June.

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