Second pathway and its Incentives & Criteria

Establishing MSX-AIM Market

Establishing a market that targets private companies with a market value exceeding half a million Omani Riyals, this new market features flexible listing requirements and conditions. It provides a financing option designed specifically for startups, small and medium-sized enterprises, as well as private and family-owned 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 are the general conditions for benefiting from incentives under the second pathway?

1. The incentive program has a duration of five years.
2. Participants are required not to exit the market within five years after the incentive period ends.Exceptions are permitted for converting to public joint-stock companies and moving to the parallel market, or for merging with another company.