The Saudi Stock Exchange (Tadawul) approved the request of Al-Samaani Factory for Metal Industries Co. to transfer its shares from the parallel market to the main market, according to a bourse statement on Thursday.

 

A trading halt will be placed on the company shares as of Sunday, Dec. 6, for maximum five trading sessions to finalize the relevant procedures.

 

Tadawul will announce the listing start date of the company’s shares in the main market once the procedures are complete.

 

Early in November, Al-Samaani submitted a request to the Capital Market Authority (CMA) for transition to the main market.

 

Al-Samaani was listed on Nomu in February 2017 with SAR 25 million in capital, Argaam reported earlier.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Al-Samaani seeks regulatory approval for transition to main market

Market Indices

TASI
12,196.62
2.87 0.02 %
NOMU
26,016.24
(41.80) (0.16 %)

Quotes

Sadr
80.80
(0.10) (0.12 %)


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2022, Argaam Investment, All Rights Reserved
Call Request