CMA decides to continue halting Saudi Cable from trading

13/11/2022 Argaam
Logo ofSaudi Cable Co.

Logo of Saudi Cable Co.

The Capital Market Authority (CMA) decided today, Nov. 13, to continue suspending shares of Saudi Cable Co. from trading, based on the Capital Market Law, and Article No. 36 of the Listing Rules, according to the authority's website.

 

This came after the company submitted a request today to open the financial restructuring procedure, according to data available with Argaam.

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