Saudi Networkers names financial advisor for TASI transition

24/03/2026 Argaam- Nomu
SaudiNetworkersServices says transfer is subject to Tadawul approval, meeting relevant requirements

Saudi Networkers Services says transfer is subject to Tadawul approval, meeting relevant requirements

Saudi Networkers Services Co. (SNS) appointed Estidamah Capital on March 16 to advise on the company’s transition from the Nomu-Parallel Market to the Main Market (TASI).

SNS will work with the financial advisor to fulfill all regulatory requirements and procedures necessary for the transition, the company said in a statement to Tadawul.

 

It added the transition remains subject to approval from the Saudi Exchange (Tadawul) and the fulfilment of all relevant requirements.

 

Any material developments will be disclosed in due course.

 

According to available data, SNS’ board approved in September 2025 the company’s transition to TASI.

 

SNS listed on Nomu in August 2022. The company currently has SAR 60 million in capital, with a nominal value of SAR 10 per share.

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