The Board of Directors of NMDC Group PJSC has published an announcement to approve the listing of NMDC Energy PJSC on the Abu Dhabi Stock Exchange (ADX) and the sale of a portion of the Group's shares in NMDC Energy PJSC through public subscription.
According to Amac News: The announcement states that this decision was approved in a virtual meeting held by the group's board of directors via video conference.
According to the announcement, this transfer will be subject to obtaining permission from the Stock Exchange and the Abu Dhabi Stock Exchange. After obtaining the necessary approvals, the company will announce the details of the public subscription.
NMDC Energy (formerly National Petroleum Construction Company) specializes in harnessing the power of innovation to address the evolving needs of the energy sector.