National Building refiles for transition to main market for fourth time

31/05/2022 Argaam

Logo of National Building and Marketing Co.

National Building and Marketing Co. (NBM) resubmitted, today, May 31, an application for transition from Nomu-Parallel Market to the main market.

 

The board of directors approved today refiling for listing shares on the main market, the company said in a bourse statement.

 

This is the fourth time for NBM to apply for transition to the Saudi Exchange (Tadawul). On June 17, 2021, the company filed online to move to the main market. On June 20, the company decided to withdraw the application to fulfil some requirements. It resubmitted an application on Oct. 16, 2021; however, Tadawul on Oct. 20 said that application was incomplete.

 

NBM refiled for moving to the main market on Nov. 1, 2021, but again received a reply from Tadawul on the lack of some information in the application.

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