Definition
AIM Market (Launching Soon)
- Establishing MSX-AIM (Alternative Investment Market) Market
Establishing a market MSX-AIM with flexible listing requirements and conditions targeting private companies with a market value exceeding half a million Omani riyals. The new market provides a financing option for startups, small and medium-sized companies, and private and family companies.
- The MSX-AIM enables targeted companies to list and trade with reduced disclosure requirements and lower costs. The ultimate goal is to facilitate these companies' transition to the main market in the future. It's important to note that these companies often have significant growth and expansion opportunities, which typically come with a higher level of risk. As a result, trading on the MSX-AIM market is restricted to sophisticated investors.
- To be eligible for listing, companies must either be closed joint-stock companies (SAOC) or undergo a transformation into one. Eligible companies can choose to list through an Initial Offering or opt for a direct listing, provided they meet the necessary requirements.
- What is the aim of the newly established MSX-AIM market?
- Providing a financing option for targeted companies.
- Enhancing governance and transparency for closed companies.
- Enhancing corporate sustainability.
- Providing liquidity to investors and facilitating the exit process.
