MSGA to debut on Nomu on July 8

MSGA Investment Co. shares will start trading on the Nomu-Parallel Market on July 8, under the symbol 9655 and ISIN Code SA16J034MRH7.

Nomu is the Saudi Exchange's parallel market, a venue designed for smaller companies that do not yet meet the listing requirements of the main Tadawul market. Free float thresholds are lower, disclosure rules are lighter, and the path to a public listing is faster. For an investment firm like MSGA, the move opens a channel to equity capital without the cost and compliance burden of a full main-board listing.

The company itself has not disclosed its sector focus or asset base beyond its name. MSGA Investment Co. is registered in Saudi Arabia and will be the latest addition to a parallel market that has grown steadily since Nomu's launch in 2017. As of mid-2025, the market hosts roughly 70 companies, from real estate developers to industrial firms, with a combined market capitalisation that remains a fraction of the main board’s.

Listing on Nomu does not guarantee liquidity. Many parallel-market stocks trade infrequently, and institutional interest tends to concentrate on a handful of names. For MSGA, the July 8 start date marks the beginning of a process – not the end. Trading will test whether the company can attract enough buyers to build a reliable shareholder base.

The symbol is 9655. The ISIN is SA16J034MRH7. Trading opens at 10:00 a.m. Riyadh time on July 8.