Baazeem Trading Company’s board of directors approved on Oct. 7 the company’s transition from Nomu Parallel Market to Saudi Stock Exchange (Tadawul), the company said in a bourse filing.
The market transition is subject to regulatory approvals, the statement added.
The market listing regulations, issued on Sunday by the Capital Market Authority (CMA), comprised the provisions pertaining to the companies’ transition from the Parallel Market to the Main Market.
Baazeem was listed on Nomu in Feb 2017 with SAR 101 million in capital (10 million shares).
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