Logo of Saudi Azm for Communications and Information Technology Co.
A trading halt will be placed on its shares on Tuesday, July 15, for a period not exceeding five trading days, during which the transition procedures will commence, according to a statement to Tadawul.
In June, Saudi Tadawul approved the company’s request to move from Nomu to TASI. The company’s capital stands at SAR 30 million, with a total of 60 million shares.
Earlier this month, Azm published the official transition document detailing its move from Nomu to TASI.
Azm was listed and began trading on Nomu in March 2022 with a capital of SAR 30 million. Following a stock split, the nominal value per share stands at SAR 0.50.
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