Headquarters of Sumou Real Estate Co.
The Saudi Exchange (Tadawul) stated that shares of Sumou Real Estate Co. will be listed and start trading on the main market, with the symbol 4323 and under the Real Estate Management & Development, as of Sept. 7, according to Tadawul website.
The stock will have a daily fluctuation limit of 10%.
Tadawul earlier announced that Sumou shares will be suspended for a maximum of five trading sessions starting from Sept. 4 to complete the transfer procedures from Nomu-Parallel Market to TASI, according to data compiled by Argaam.
The firm published the transfer document and set Sept. 10 as the last date of the trading suspension on the share.
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