The Capital Market Authority Announces the Approval on the Registration and Offering shares of Qudra for Communications and Information Technology Company in the Parallel Market

The Capital Market Authority “CMA” Board has issued its resolution dated 17/09/1446H corresponding to 17/03/2025G approving Qudra for Communications and Information Technology Company “the Company” application for the registration and offering of (5,000,000) shares representing (18.18%) of the Company’s share capital in the Parallel Market. The offer will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The prospectus will be published within sufficient time prior to the start of the offering.

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