Saudi Azm files for transition to Main Market

Logo of Saudi Azm for Communications and Information Technology Co. 

Saudi Azm for Communications and Information Technology Co. applied online on May 27 for transition from the Nomu-Parallel Market to the Main Market (TASI).

 

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Any updates will be duly announced, the company said in a statement to Tadawul.

 

In April 2024, the board of directors approved the company’s transition to TASI.

 

Saudi Azm was listed on Nomu in March 2022, with SAR 30 million in capital. The company reduced the stock’s nominal value to SAR 0.5, according to Argaam’s data.

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