NMDC Group’s board of directors has approved the listing of NMDC Energy PJSC on the Abu Dhabi Securities Exchange (ADX) and the sale of a portion of the Group’s shares in NMDC Energy PJSC through a public subscription.
This decision was made during a virtual board meeting held via video conference, according to a disclosure published by ADX on Friday.
The listing will require approval from the Securities and Commodities Authority and the Abu Dhabi Securities Exchange.
NMDC Energy, formerly known as National Petroleum Construction Company, focuses on leveraging innovative solutions to meet the evolving needs of the energy sector.
