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.

Watheeq Capital Company is a Saudi closed joint-stock company with a capital of 50 million Saudi Riyals. It is headquartered in Riyadh and licensed by the Capital Market Authority (license number 32-18189) to provide advisory, arranging, asset management, and fund operations in the securities business.

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