Tadawul approves Thob Al Aseel transition to main market

04/11/2019 Argaam

 

The Saudi Stock Exchange (Tadawul) has approved the request of Thob Al Aseel Co. to transition its shares from the parallel market to the main market, according to a bourse statement.

 

The company is capitalized at SAR 300 million, divided into 30 million shares.

 

A trading halt will be placed on the company shares as of tomorrow Tuesday, Nov. 5, 2019 for five trading sessions maximum to finalize the relevant procedures.

 

Tadawul will announce Thob Al Aseel’s debut date on the main market once the required procedures are complete.

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