BMG Financial Group, an adviser to Alsamaani Factory for Metal Industries Company, has obtained the Capital Market Authority approval for offering 225,000 shares representing 20 percent of the company’s share capital to be listed in Nomu-Parallel Market, which will be launched on Feb. 26, after fulfilling all the listing requirements.
The financial adviser will communicate with the qualified investors wishing to subscribe to the listing by organizing several workshops in different cities with dates to be announced later.
Alsamaani’s experience spans over 25 years in the industrial sector. The factory manufactures and supplies different types of racking systems, storage and handling solutions. It focuses on providing integrated and innovative solution designs to create value added for its clients.
The company client base covers government entities, universities and large local and international companies, in addition to exporting to various countries.
This diversification has helped the company achieve significant market share growth and continual growth in its annual sales and profits.
The company has collaborated with a number of international companies to offer its clients the most efficient storage solutions to match their needs and meet its growing client base, which reached 1,300 clients over various sectors.
BMG Financial Group has a vast experience in listing Saudi companies in the stock market. Additionally, it has carried out several educational workshops for owners and managers of small and medium enterprises, which aims to raise awareness about the importance of the parallel market in supporting the economy and the Kingdom’s Vision 2030.
The financial adviser will communicate with the qualified investors wishing to subscribe to the listing by organizing several workshops in different cities with dates to be announced later.
Alsamaani’s experience spans over 25 years in the industrial sector. The factory manufactures and supplies different types of racking systems, storage and handling solutions. It focuses on providing integrated and innovative solution designs to create value added for its clients.
The company client base covers government entities, universities and large local and international companies, in addition to exporting to various countries.
This diversification has helped the company achieve significant market share growth and continual growth in its annual sales and profits.
The company has collaborated with a number of international companies to offer its clients the most efficient storage solutions to match their needs and meet its growing client base, which reached 1,300 clients over various sectors.
BMG Financial Group has a vast experience in listing Saudi companies in the stock market. Additionally, it has carried out several educational workshops for owners and managers of small and medium enterprises, which aims to raise awareness about the importance of the parallel market in supporting the economy and the Kingdom’s Vision 2030.
