Riyadh – The Saudi Stock Exchange (Tadawul) announced has approved Raydan Food Company’s request to transfer from the Parallel Market (Nomu) to the main market (Tadawul), according to a statement on Sunday.
Accordingly, the trading of the company's shares will be ceased from today, Monday 18 November, to start with the transfer procedures, for a period not exceeding five trading sessions.
Moreover, the Saudi exchange said that it will announce the listing start date of the company’s shares once the needed procedures are complete.
Raydan’s capital stands at SAR 225 million, distributed over 22.5 million shares.
The stock ended Sunday’s trading session down 15.16% at the level of SAR 18.80.
All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).