Al-Modawat board approves transition to Main Market

02/06/2025 Argaam

Al-Modawat Specialized Medical Co.’s board of directors approved, in its meeting on June 1, the company’s transition from Nomu-Parallel Market to the Main Market, according to a statement to Tadawul.

 

The transition is subject to market approval and depends on the fulfillment of all the requirements set by the market.

 

Any relevant material developments will be announced, the company said.

 

The company was listed on Nomu in February 2024, with SAR 23.75 million in capital (par value of SAR 10 a share), data compiled with Argaam showed.

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