Mosanada Shares Listed on Qatar Stock Exchange
Doha, December 15 (QNA) - Qatar Stock Exchange (QSE) announced on Monday the listing of Mosanada Facility Management Services Company (a Qatari public shareholding company) on the Main Market. An official bell-ringing ceremony was held at QSE headquarters to mark the commencement of trading in the company's shares.
In remarks on the occasion, Chief Executive Officer of Qatar Stock Exchange, Abdullah Mohammed Al Ansari, stated: “The listing of Mosanada Facility Management Services enhances the range of investment opportunities available to both local and international investors, particularly within a vital sector that directly supports Qatar’s national infrastructure and strategic assets. The successful completion of this listing reflects the strength and efficiency of the State’s capital market ecosystem, and demonstrates the progress achieved under the Third Financial Sector Strategy, which aims to build a more diverse and dynamic capital market.”
The listing of Mosanada offers a new investment opportunity for investors seeking exposure to listed companies within the Consumer Goods & Services sector. The listing is expected to gradually enhance the stock’s liquidity as the investor base expands, while also providing added value to shareholders through the application of the highest standards of transparency and disclosure in accordance with market requirements.
Established in Qatar in 2013, Mosanada Facility Management Services is one of the country’s leading providers of integrated facility management solutions. The company delivers operational, technical, and support services across a broad portfolio of strategically important national assets.
For his part, Chairman of the Board of Directors of Mosanada Facility Management Services, Abdulaziz Abdulla Al Mahmoud, said: “Today marks an important milestone for Mosanada as its shares commence trading. The company was established to support strategically significant national assets, and over more than a decade has developed specialised operational and technical capabilities. With the company’s listing on Qatar Stock Exchange, we remain focused on disciplined operations, reliable service delivery, and creating sustained value for our stakeholders.”
Mosanada's portfolio includes several landmark sports facilities, such as Lusail Stadium and Al Janoub Stadium, as well as training facilities and venues hosting international sporting events, Aspire Zone and Aspire Academy facilities, several educational complexes affiliated with Qatar Foundation for Education, Science and Community Development, buildings of the Public Works Authority (Ashghal), government service centers, infrastructure projects, and public and community facilities across the country.
Through its operations, the company provides engineering and technical support services, as well as maintenance, operation, and cleaning services, ensuring business continuity and operational efficiency at key sites nationwide.
The listing offers a new investment opportunity for investors seeking exposure to companies in the consumer goods and services sector. It is expected to contribute to a gradual enhancement of the stock's liquidity as the investor base expands, while delivering added value through the application of the highest standards of transparency and disclosure in line with market requirements.
Mosanada Facility Management Services Q.P.S.C. shares commenced trading today on Qatar Stock Exchange under the ticker symbol MFMS. The company’s share price was floated on the first day of trading, with a reference price set at QAR 10. During the session, the stock reached a high of QAR 12.49, a low of QAR 9.633, and closed at QAR 9.751. From the second trading day onward, the stock price will be subject to the standard daily fluctuation limits of ±10%, in line with QSE’s trading rules applicable to listed companies. (QNA)
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