The Capital Market Authority announced the issuance of its decision approving the request of Jaheed International Company for Information Systems Technology, to increase the number of its shares for offering in the parallel market (Nomu) to 1,888,523 shares, representing 18% of the company’s capital.
The previous approval dated 29/09/2021 included the approval of offering 1,363,934 shares, representing 13% of the parallel market shares.
The Authority alerted qualified investors wishing to purchase the offered shares to investigate and study the informationIt was disclosed in the supplementary prospectus.
In the event that it is not possible to understand the contents of the supplementary prospectus, it is preferable to consult a licensed financial advisor before making any investment decision, according to the Authority’s statement.
