Alwasail withdraws application for transition to Main Market

14/08/2024 Argaam

Alwasail withdraws application for transition to Main Market

Logo of Alwasail Industrial Co.

Alwasail Industrial Co. withdrew the file it had earlier submitted for a move from the Nomu-Parallel Market to the Main Market (TASI) as it did not meet certain requirements.

 

 

In a statement to Tadawul, the company said it will fulfill these requirements, submit the file at a later time, and announce developments.

 

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According to data available on Argaam, Alwasail announced, in December 2023, that the board approved the transition from Nomu to TASI.

 

The company applied on June 11, 2024, for a transition to TASI, through the automated system specified by the regulatory authorities for this purpose.

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