Almuneef board approves transition to TASI

29/09/2025 Argaam- Nomu
Logo ofAlmuneef Company for Trade, Industry, Agriculture and Contracting

Logo of Almuneef Company for Trade, Industry, Agriculture and Contracting

Almuneef Company for Trade, Industry, Agriculture and Contracting’s board of directors approved, on Sept. 28, the company’s transition from the Nomu-Parallel Market to the Main Market (TASI).

 

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According to a statement on Tadawul, the move remains subject to market approval and the fulfillment of all regulatory requirements.

 

The company confirmed that any material developments will be disclosed immediately.

 

According to Argaam data, Almuneef listed and began trading on Nomu in June 2023.

 

Founded in May 2009 as a closed joint stock company in Riyadh, Almuneef engages in supplying agricultural products and wholesale and retail sales of seeds, fertilizers, pesticides, and related items. The company has a share capital of SAR 38 million, divided into 38 million shares with a nominal value of SAR 1 each.

 

In November 2024, the company carried out a stock split, reducing the nominal value per share from SAR 10 to SAR 1.

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