Thob Al Aseel names Al Rajhi Capital as market maker

15/06/2023 ِArgaam
Logo ofThob Al Aseel Co.

Logo of Thob Al Aseel Co.

Thob Al Aseel Co.’s board of directors approved, on June 14, to appoint Al Rajhi Capital as a market maker for its shares.   

  

According to a Tadawul statement, the company aims to support the stock trading liquidity. The agreement is valid for one year from the signing date and is subject to the competent authorities’ approval.

 

The company will disclose any development in due course.

 

Thob Al Aseel is the third company that named a market maker for its shares after Al Moammar Information Systems Co. (MIS) and Cenomi Centers, Argaam earlier reported.

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