GAS board OKs transition to Tadawul

03/01/2024 Argaam

GAS board OKs transition to Tadawul

Logo of Gas Arabian Services Co. (GAS) 

The board of GAS Arabian Services Co. (GAS) approved on Jan. 2 the company’s transition from Nomu-Parallel Market to the Main Market (TASI).  

 

Yaqeen Capital was hired as financial advisor, according to the updated and amended listing rules, the company said in a statement to Tadawul.

 

The company’s transition to the main market is subject to the approval of the Capital Market Authority (CMA) and is conditional on fulfilling all the requirements as per the listing rules.

 

Any updates will be duly announced, GAS added.

 

GAS listed on Nomu-Parallel Market on Feb. 7, 2022. The company's capital is SAR 158 million, divided into 158 million shares with a par value of SAR 1/share, according to data available with Argaam.

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