On 16 September 2025, Hamad Mohammed Bin Saedan Real Estate Company began trading on the Parallel Market (Nomu) under the symbol 9648, and Merchants Capital joined the Company’s leadership at Tadawul to celebrate the moment.
The listing caps a journey that began with the Capital Market Authority’s approval in March 2025 and closed with an offering covered 114.19% at SAR 13.50 per share. We are proud to have advised the Company at every step, and we look forward to following its next chapter as a listed company.
About Merchants Capital
Merchants Capital, the trademark of Darb Altujjar Financial Company, a Saudi capital market institution authorized by the Capital Market Authority (CMA) under license no. 18197-30, provides strategic investment banking services across debt and equity capital markets, project finance, and mergers & acquisitions, enabling corporates and government-related entities to secure capital and achieve their strategic objectives.
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