KnowledgeNet board approves TASI transition plan

05:02 PM (Mecca time) Argaam- Nomu
Logo ofKnowledgeNet Co.

Logo of KnowledgeNet Co.

KnowledgeNet Co.’s board of directors approved today, Nov. 11, the company’s plan to transition from the Nomu-Parallel Market to the Main Market (TASI).

 

According to a statement on Tadawul, KnowledgeNet appointed Amwal Financial as financial advisor on the planned move.

 

The transition remains subject to regulatory approvals and the fulfillment of all related requirements.

 

The company noted that any material developments will be disclosed in due course.

 

KnowledgeNet was listed and began trading on Nomu in March 2023, with a current share capital of SAR 35 million, divided into 3.5 million shares, according to Argaam’s data.

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