This is due to the company not disclosing its financial statements for the third quarter (Q3) of 2019, during the specified period
A man walks at the Saudi Stock Exchange (Tadawul) following the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia, December 11, 2019. Image used for illustrative purpose.
By Staff Writer, Mubasher
Riyadh – The Saudi Stock Exchange (Tadawul) announced that trading the share of the National Agricultural Marketing Company (Thimar) will once again be suspended.
This is due to the company not disclosing its financial statements for the third quarter (Q3) of 2019, during the specified period.
Trading the share of Thimar was suspended on 12 November for one day, and in the following day, the Saudi Capital Market Authority (CMA) imposed a SAR 40,000 fine on the company due to its violation of market disclosure rules.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
Get Zawya's daily newsletter for insightful and exclusive Middle East perspectives on business and finance. SUBSCRIBE NOW