Obeikan Glass publishes TASI transition document

01/07/2025 Argaam
Logo ofObeikan Glass Co.

Logo of Obeikan Glass Co.

Obeikan Glass Co. published its document for transition from the Nomu–Parallel Market to the Main Market (TASI), with a capital of SAR 320 million and a total of 32 million shares.

 

According to data compiled by Argaam, the Saudi Exchange (Tadawul) recently approved Obeikan Glass' request to transition from Nomu, maintaining the same capital and number of shares.
 
 
The company’s shares will continue to be traded on Nomu until the transition document publication period concludes.
 
The issuer is required to publish this document within three trading sessions from Tadawul’s approval date.
 
Notably, Tadawul rejected Obeikan Glass’ initial transition request last January, citing the company’s failure to meet all the relevant requirements outlined in the Listing Rules.
 
Obeikan Glass resubmitted its transition application on May 23.
 

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