The Capital Markets Regulatory Authority announces its decision to approve “Al-Kashdeeb Securities Company Limited” to offer its shares in a public offering. For 15,000 thousand shares, with a value of 15,000,000 pounds, representing 15% of the nominal capital, the offering value per share is 1,000 pounds, and the subscription begins on Sunday, December 18, 2022 AD, and ends on Monday, January 16, 2023 AD.
The investment decision without reviewing the company’s terms and conditions and studying their content may involve high risks. Therefore, the investor must review the terms and conditions contained in the prospectus, which contains detailed information, investment strategy and risk factors, and study them carefully to be able to estimate the feasibility of the investment or not in light of the associated risks, and in the event that it is not possible to understand the contents of the terms and conditions, it is preferable to refer to the manager Subscription for more information.
The approval of the Authority to offer the company’s shares should not be seen as an endorsement of the feasibility of investing in it, as its decision to approve the offering means that the legal requirements and the organizing regulations have been complied with.