Investors traded on Monday 17,839 shares of Mohammad Al-Mojil Group (MMG) over-the-counter (OTC) at SAR 4 per share.
This is Al-Mojil’s eleventh OTC trading session since Tadawul, Saudi Arabia’s bourse, approved the company’s request in December.
Saudi’s Capital Market Authority said in September that it was permitting the process on suspended stocks for companies that have accrued losses exceeding 50 percent of capital.
The financially-troubled contractor said on Monday that its board members have not violated company or Saudi market regulations. MMG was responding to the regulator’s decision to refer some of its board members to interrogation for alleged violations of market laws that caused the company losses and the suspension of its shares.
The group's shares have been suspended since July 22, 2012, according to Argaam.
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OTC Trade Details |
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|
(SAR mln) |
Number of Shares Traded (SAR) |
OTC trade price (SAR) |
Last price per share (SAR) |
Company |
|
|
71,356 |
17,839 |
4.00 |
12.55 |
Al Mojil Group |
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Al Mojil Group OTC Trading |
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|
(SAR mln) |
Number of Shares Traded (SAR) |
Transaction Price (SAR) |
Last Price per share (SAR) |
Transaction |
|
|
152.00 |
38,000 |
4.00 |
12.55 |
1 |
|
|
30,000 |
7,500 |
4.00 |
12.55 |
2 |
|
|
222.00 |
55,500 |
4.00 |
12.55 |
3 |
|
|
194.4 |
48,000 |
4.05 |
12.55 |
4 |
|
|
187.65 |
46,913 |
4.00 |
12.55 |
5 |
|
|
80,000 |
20,000 |
4.00 |
12.55 |
6 |
|
|
21.59 |
1,727 |
12.50 |
12.55 |
7 |
|
|
1,000 |
1,000 |
1.00 |
12.55 |
8 |
|
|
74,000 |
18,500 |
4.00 |
12.55 |
9 |
|
|
23,060 |
5,765 |
4.00 |
12.55 |
10 |
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