ASG board OKs move from Nomu to Main Market

07/01/2026 Argaam- Nomu
ASG Plastic Factory appoints Estidamah Capital as financial advisor for transition procedures

ASG Plastic Factory appoints Estidamah Capital as financial advisor for transition procedures

ASG Plastic Factory Co.’s board of directors approved, on Jan. 6, the company’s transition from the Nomu-Parallel Market to the Main Market (TASI), according to a statement to Tadawul.

 

It also approved the appointment of Estidamah Capital as financial advisor for the transition procedures.

 

The move is subject to market approval, alongside meeting all requirements set by the Saudi Exchange (Tadawul).

 

Any related material developments will be announced as they occur, the statement added.

 

ASG’s shares listed and began trading on the Nomu in August 2024. The company’s current capital stands at SAR 70.5 million, with a par value of SAR 10 per share, according to Argaam data.

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