Trading on Dur halted on initiating delisting measures

03/12/2023 Argaam
Headquarters of Dur Hospitality Co.

Headquarters of Dur Hospitality Co.

The Saudi Exchange (Tadawul) has halted trading on the shares of Dur Hospitality Co. starting today, Dec. 3, on the initiation of the company’s delisting measures.

 

The Securities Depository Center Co. (Edaa) will apply the increase in the number of Taiba’s shares to the accounts of eligible shareholders within two business days from the extraordinary general meeting date (EGM), a maximum of six business days, according to a Tadawul filing.

 

Shareholders of Dur and Taiba Investments Co. approved, on Nov. 30, the latter’s full acquisition of Dur’s issued shares.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.