Merchants Capital Announce the Intention to Float Shares of ANMAT Technology for Trading on the Parallel Market “NOMU”

Darb Altujjar Financial Company (“Merchants Capital”), the financial advisor for offering shares of ANMAT Tech for Trading Co. (“Issuer” or “Company”), today announced the Issuer’s intention to launch a primary share offering of five million (5,000,000) newly issued ordinary shares, representing 13.16% of Issuer’s shares before offering and capital increase; and 11.63% of Issuer’s shares after offering and capital increase. The offering will be available to qualified investors on the Saudi Parallel Market (Nomu).

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Aircrafts Market | Dragged by Airlines Recovery Path

“The positive correlation between the aircrafts market and the badly hit airline industry is likely to keep the performance of the aircrafts in check. It is no secret that some airlines will fail and for those who would survive, the recovery road post-COVID-19 will be lengthy and bumpy for an already thin profitable industry.”

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