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Tabuk's subsidiary mulls Nomu listing

Tabuk's subsidiary mulls Nomu listing

Saudi Arabia's Tabuk Agricultural Development Co. (TADCO) said one of its subsidiaries, Horizon Foods, has appointed Wasatah Capital as a financial advisor for a potential listing on the Kingdom’s Nomu, Riyadh’s parallel market, Zawya reported.

TADCO owns 50 percent of capital in Horizon, which is engaged in the production and processing of meat, the company said in a statement on Tadawul Monday.

 

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