Al Naqool appoints Yaqeen Capital as financial advisor on TASI transition

24/12/2023 Argaam
Logo ofMohammed Hasan Al NaqoolSons Co.

Logo of Mohammed Hasan Al Naqool Sons Co.

Mohammed Hasan Al Naqool Sons Co. appointed Yaqeen Capital as financial advisor on its transition from Nomu-Parallel Market to the main market (TASI), the company said in a statement to Tadawul today, Dec. 24. 

 

The move is subject to market approval and is conditional on fulfilling all requirements stipulated in the listing rules, it added. 

 

Any relevant developments will be duly announced.  

 

The company's board approved, on Nov. 15, the transfer of the company’s shares from Nomu to TASI, according to Argaam's available data. 

 

Al Naqool’s shares were listed and began trading on Nomu on June 2, 2021. 

 

The company's capital stands at SAR 29 million, divided into 2.9 million shares. 

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