Al-Samaani Factory For Metal Industries Co.’s board of directors approved, on Sept. 26, the transition of the company’s shares from Nomu parallel market to the main market, the company said in a bourse filing.
The board also approved taking the necessary measures related to the share transition.
The transition to the main market is subject to the regulatory approvals and market requirements, the statement added.
Al-Samaani was listed on Nomu on Feb. 26, 2017, with SAR 25 million in capital, Argaam reported.
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