Development Works applies for transition to main market

28/10/2020 Argaam

Development Works Food Co. said it submitted today, Oct. 28, a request with the Saudi Stock Exchange (Tadawul) to move to the main market, according to a bourse statement.

 

The company's board of directors approved on Sept. 14 its transition from the Parallel Market (Nomu) to the main market.

 

The move is subject to Tadawul’s approval, in addition to fulfilling other market requirements.

 

The company was listed on Nomu Parallel Market on Feb. 26, 2017, with SAR 25 million in capital, Argaam reported earlier.

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