Canadian Medical Center names advisor for transition to TASI

Logo of Canadian Medical Center Co. (CMCER) 

Canadian Medical Center Co. appointed Aldukheil Financial Group as its financial advisor for the transition to the Saudi Exchange (Tadawul), in line with the updated and amended listing rules, the company said in a statement on Tadawul.  

The transition is pending the market’s approval and is subject to meeting listing rules requirements. 

Any updates in this regard will be announced duly, the statement added. 

The company’s board of directors recently approved the transition from the Nomu-Parallel Market to Tadawul, according to data available with Argaam.

Canadian Medical Center started trading on Nomu on Aug. 2, 2021. The company’s capital stands at SAR 77 million, divided into 77 million shares.