Sumou Real Estate board approves transition to main market

15/05/2022 Argaam

Sumou Real Estate headquarters

Sumou Real Estate Co.’s board of directors approved, on May 14, the company’s transition from Nomu - Parallel Market to the main market, according to a bourse statement.

 

The move is subject to the approval of the ordinary general meeting (OGM) and the Saudi Exchange (Tadawul), in addition to fulfilling other market requirements.

 

The company was listed on Nomu on May 11, 2020, with a capital of SAR 375 million, according to Argaam data.

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