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).

The Riyadh-based closed joint stock company, Hamad Mohammed Bin Saedan Real Estate Company, has announced the appointment of Neo Merchants Capital as its financial advisor for a potential capital increase by way of offering on the Saudi parallel market (Nomu). The potential offering is subject to obtaining regulatory approvals from the Saudi Capital Market Authority and the Saudi Exchange Company.

Riyadh, Kingdom of Saudi Arabia - Neo Merchants Capital (“Merchants”), the Riyad-based emerging investment banking company, launched a Saudi domiciled asset-backed Sukuk programme, the Kingdom’s first asset-backed Sukuk denominated in Saudi Riyals and issued by a special purpose entity licensed by the Saudi Capital Market Authority.

Neo Merchants Capital announced that it has commenced operations pursuant to the commencement letter dated 19/May/2019 received from the Saudi Capital Market Authority

Neo Merchants Capital received Saudi Capital Market License Approval to conduct arranging and advising activities.