CMA Announcement Regarding the Approval of Registration and Offering of Hamad M. Aldrees & Partners Co. for Industry and Mining Shares on the Parallel Market
The Capital Market Authority (CMA) announces the issuance of the CMA Board’s resolution dated 02/07/1447H, corresponding to 22/12/2025, approving the application of Hamad M. Aldrees & Partners Co. for Industry and Mining for the registration of its shares and the offering of (1,220,000) shares, representing (20%) of its total shares, on the Parallel Market.
The offering will be restricted to the categories of “Qualified Investors” as defined in the Glossary of Terms used in the CMA regulations and rules. The prospectus will be published sufficiently in advance of the offering’s commencement date.
Qualified investors wishing to purchase the offered shares should verify and study the information disclosed in the prospectus. If the contents of the prospectus are difficult to understand, it is recommended to consult a licensed financial advisor before making any investment decision.
The CMA’s approval of the application should not be viewed as an endorsement of the feasibility of investing in the offering or the company’s shares. The CMA’s decision to approve the application merely indicates that all legal requirements according to the Capital Market Law and its implementing regulations have been fulfilled.
The Authority’s approval is valid for a period of (6) months from the date of the Board’s resolution. This approval shall be considered cancelled if the offering and listing of the company’s shares are not completed within this timeframe.