Edarat appoints Al Rajhi Capital as market maker

05/11/2023 Argaam
Logo ofEdarat Communication and Information Technology Co.

Logo of Edarat Communication and Information Technology Co.

Edarat Communication and Information Technology Co. announced on Nov. 5, appointing Al Rajhi Capital as a market maker for the company's stocks.

 

In a statement to Tadawul, Edarat said that the appointment term is 12 months from the signing of the contract, noting that this will support liquidity in the stock's trading.

 

The approval of the competent authorities is required for this decision, the statement said, adding that any relevant developments will be announced in due course.

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