RIYADH: Naba Alsaha Medical Services Co. will float 1.4 million shares on Nomu-Parallel Market, representing 20 percent of its share capital.
The offer price will be determined before the subscription period, which begins on Aug. 8 and ends on Aug. 14, its financial advisor, Aldukheil Financial Group, said in a bourse filing.
With a capital of SR70 million ($19 million), Naba Alsaha Medical Services Co. started operating in the healthcare sector in 1984.
It received the approval to register its capital on Nomu by the Capital Market Authority in mid-June.
