- Home
- Market News & Reports
- Market News
- News Details
Web Content Viewer
ActionsThe Capital Market Authority Licenses Apex FundRock Investment JSC to Conduct Managing Investments and Operating Funds Activity in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Apex FundRock Investment JSC has completed the commencements of business requirements to conduct Managing Investments and Operating Funds Activity in the Securities Business licensed as per CMA resolution dated 03/07/1445H corresponding to 15/01/2024G.
Back to Market NewsRelated News
-
The Securities Depository Center Company (Edaa) Announces the Deposit of Balsm Alofoq Medical Co. Securities
The Securities Depository Center Company (Edaa) announces the addition of the subscribed securities in Balsm Alofoq Medical Co. today, 11/06/1446H, corresponding to 12/12/2024G into the Center’s Accounts of eligible securities’ holders.
12/12/2024 17:01:31 -
The Saudi Exchange announces that the fluctuation limits for Salama Cooperative Insurance Co. will be based on a share price of SAR 17.40
Salama Cooperative Insurance Co. EGM held on Wednesday 2024/12/11 has approved the capital increase via right issuance. The fluctuation limits on Thursday 2024/12/12 for Salama Cooperative Insurance Co. will be based on a share price of SAR 17.40 and the outstanding orders will be canceled. Thus, Salama Cooperative Insurance Co. Rights will be deposited into applicable investor’s portfolios on Monday 2024/12/16.
12/12/2024 08:38:25 -
The Capital Market Authority Announces the Approval on the Registration and Offering shares of Future Vision for Health Training Company in the Parallel Market
The Capital Market Authority "CMA" Board has issued its resolution dated on 10/06/1446H corresponding to 11/12/2024G approving of Future Vision for Health Training Company "the Company" application for the registration and offering of (2,000,000) shares representing (20.00%) of the Company's share capital in the Parallel Market. The offer 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 prospectus will be published within sufficient time prior to the start of the offering. Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. If the prospectus 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 offering or shares of the company. The CMA’s approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met. The CMA’s approval on the application shall be valid for (6) months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company's shares are not completed within this period.
11/12/2024 17:51:19 -
The Capital Market Authority Announces the Approval on the Registration and Offering shares of Al Kuzama Trading Company in the Parallel Market
The Capital Market Authority "CMA" Board has issued its resolution dated on 10/06/1446H corresponding to 11/12/2024G approving of Al Kuzama Trading Company "the Company" application for the registration and offering of (422,400) shares representing (10.71%) of the Company's share capital in the Parallel Market. The offer 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 prospectus will be published within sufficient time prior to the start of the offering. Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. If the prospectus 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 offering or shares of the company. The CMA’s approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met. The CMA’s approval on the application shall be valid for (6) months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company's shares are not completed within this period.
11/12/2024 17:46:30 -
CMA Announces the Approval of Public Offering of “SNB Capital GCC Petrochemical Sector Fund"
The CMA has issued its resolution approving the public offer, by "SNB Capital”, of "SNB Capital GCC Petrochemical Sector Fund”. An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the Terms and Conditions which includes detailed information on the Fund, investment strategy and risk factors, and carefully study it to be able to assess the feasibility of taking into consideration the associated risks. If the Terms and conditions proves difficult to understand, it is recommended to refer to the fund manager for more information. The CMA's approval of the fund should never be considered as a recommendation to subscribe in the fund, The CMA's approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
10/12/2024 17:19:57