Tadawul trading screen
Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Fitaihi Holding Group announced that its associate, International Medical Center (IMC) - a closed joint stock company - issued the board of directors’ resolution to take the necessary measures to transform IMC into a public joint stock company in the main market.
2) Derayah Financial announced the distribution of cash dividend to Derayah REIT Fund unitholders for Q3 2021, at SAR 0.18 per unit, or 1.8% initial price per unit, amounting to SAR 19.35 million.
3) National Metal Manufacturing and Casting Co.'s (Maadaniyah) board of directors approved canceling the memorandum of understanding (MoU) signed with Valco Group, due to failure to reach an agreement.
4) Saudi Steel Pipe Co. announced the closing of the transaction entered into by its wholly-owned subsidiary, Titanium Steel & Manufacturing Co. Ltd., to sell its main operating assets to Koch Chemical Technology Group Saudi Arabia Ltd.
5) SABB Takaful Co. won a general insurance programs contract from Al Olayan Group on Sept. 30.
6) The Capital Market Authority (CMA) approved the request received from Alkhaleej Training and Education Co. to raise its capital through SAR 200 million rights issue.
7) Arabian Contracting Services Co. (Al Arabia) announced issuing the prospectus for its planned initial public offering (IPO) on the Saudi Exchange (Tadawul).
8) Arabian Centres Co.'s shareholders approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for fiscal year ending March 31, 2022.
9) Sadr Logistics Co. announced the purchase of a factory in Riyadh second industrial area for SAR 4.79 million.
10) Brent crude on Monday declined 29 cents to reach $78.99 per barrel. WTI crude also decreased 33 cents to reach $75.55/bbl.
Comments
{{DisplayName}}
{{ElapsedTime}}