Riyadh Cement board green lights transfer to main market

29/06/2022 Argaam

Logo of Riyadh Cement Co. 

Riyadh Cement Co. board of directors approved today, June 29, transferring the company from the Nomu - Parallel Market to the main market, according to a bourse statement today, June 29.

 

The board also appointed Yaqeen Capital as a financial advisor for the transfer based on the requirements of the updated and amended listing rules.

 

The transaction is subject to related authorities approvals and is conditional on fulfilling all the requirements in the listing rules.

 

Any updates will be announced later, the statement added.

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