KEIR board approves transfer to TASI

25/12/2023 Argaam
Logo ofKEIR International Co.

Logo of KEIR International Co.

KEIR International Co.’s board of directors approved on Dec. 24 the transfer of the company from Nomu-Parallel Market to the Main Market.

 

The company will announce further updates in due course, KEIR said in a statement to Tadawul.

 

The transfer is subject to the approval of the Saudi Tadawul Group and is conditional on fulfilling all the requirements as per the listing rules.

 

The Saudi Exchange (Tadawul) announced thatKEIR listed on Nomu in July 2022, with a capital of SAR 120 million, according to data available with Argaam.

 

The company in the design, engineering, construction, operation and maintenance of communications networks. It also designs, builds and maintains electricity networks. The firm prepares designs for the construction of smart and safe cities, and provides related services, such as towers, cameras, fiber-optic cables, and other electrical works.

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