“Taqat Metal” appoints “Mayyar Finance” as a financial advisor to list its shares in the “Nomu” market through direct listing
The Mineral Energy Company has appointed Standard Finance Company as a financial advisor to list its shares in the parallel market “Nomu” through direct listing. Reem Al-Ablani, Publications Officer at Standard Financial Company, indicated that her company is working to complete the regulatory requirements and obtain the approval of the Capital Market Authority and Tadawul to list the company’s shares in the parallel market. She stated that the Mineral Energy Company began its journey in 2017 as an institution for collecting and recycling metals, and the company participated in a number of important projects, including the Riyadh Railroad Project, Aramco Dhahran Project, and Terminal 5 project at King Khalid International Airport in Riyadh. The agreement was signed in the presence of Fahd bin Abdullah Al-Khanini, Chairman of the Board of Directors of the Mineral Energy Company, and Ghassan bin Abdulrahman Al-Thukair, Board Member and Managing Director of Standard Finance Company.