Staff Writer
Saudi-listed Shalfa Facilities Management is planning to transition from the Nomu parallel market to the main market (TASI).
Value Capital is advising on the transfer. The Riyadh-based firm reported a 2025 net profit of 25 million riyals.
The transition is subject to Tadawul approval with Shalfa required to meet all main market listing norms, including a minimum two-year listing on Nomu and an average market capitalisation of 200 million riyals over the past six months.
(Writing by Ahmad Mousa; editing by Seban Scaria)
ahmad.mousa@lseg.com
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
