‎First Avenue gets CMA’s nod to float 8% stake on Nomu

Logo of First Avenue Real Estate Development Co.

First Avenue Real Estate Development Co. obtained the go-ahead from the Capital Market Authority (CMA) today, June 5, to register and offer 16.42 million shares, representing 8.01% of its share capital, on Nomu-Parallel Market.

The offering will be confined to qualified investors and the prospectus will be published within sufficient time prior to the offering’s start…
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