AMAK names Al Rajhi Capital as market maker

18/01/2024 Argaam
Logo ofAlmasane Alkobra Mining Co. (AMAK)

Logo of Almasane Alkobra Mining Co. (AMAK)

Almasane Alkobra Mining Co.’s (AMAK) board of directors approved, on Jan. 17, to appoint Al Rajhi Capital as a market maker for its shares. 

 

According to a Tadawul statement, the company aims to support liquidity in share trading.

 

AMAK noted that the appointment will be valid for six months from the agreement’s effective date.

 

This decision is subject to the competent authorities’ approval.

 

The company will disclose any development in due course.

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