Watani Steel submits request for transition to Main Market

26/05/2024 Argaam

Watani Steel submits request for transition to Main Market

Logo of Watani Iron Steel Co. (Watani Steel)

Nomu-listed Watani Iron Steel Co. (Watani Steel) submitted on May 23 a request for transition to the Saudi Exchange (Tadawul) Main Market through the online portal developed by the regulators, according to a statement on Tadawul.

 

In August 2023, the company’s board of directors approved the transition to the Main Market from Nomu-Parallel Market, Argaam reported.

 

Watani Steel debuted on Nomu on Feb. 17, 2021, with a capital of SAR 181.65 million, and a nominal value of SAR 1 per share.

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