BRIEF-Saudi's CMA Approves Aramco's Listing Request
- Country:
- Saudi Arabia
CAPITAL MARKET AUTHORITY: * APPROVES SAUDI ARAMCO REQUEST TO LIST
* APPROVED THE SAUDI ARABIAN OIL COMPANY (SAUDI ARAMCO) APPLICATION FOR THE REGISTRATION AND OFFERING OF PART OF ITS SHARES * ARAMCO COMPANY'S PROSPECTUS WILL BE PUBLISHED PRIOR TO THE START OF THE SUBSCRIPTION PERIOD
* CMA'S APPROVAL ON THE APPLICATION SHALL BE VALID FOR 6 MONTHS FROM THE CMA BOARD RESOLUTION DATE * ARAMCO PROSPECTUS INCLUDES ALL RELEVANT INFORMATION THAT THE INVESTOR NEEDS TO KNOW BEFORE MAKING AN INVESTMENT DECISION
* ARAMCO PROSPECTUS INCLUDES COMPANY'S FINANCIAL STATEMENTS, ACTIVITIES AND MANAGEMENT * APPROVAL SHALL BE DEEMED CANCELLED IF THE OFFERING AND LISTING OF THE COMPANY'S SHARES ARE NOT COMPLETED WITHIN 6 MONTH PERIOD Source text for Eikon: Further company coverage:
Also Read: UPDATE 7-Saudi Aramco aims to begin planned IPO on Nov. 3 -sources
Google News