Al-Samaani seeks regulatory approval for transition to main market

03/11/2020 Argaam

Al-Samaani Factory For Metal Industries Co. submitted, on Nov. 2, 2020, a request to the Capital Market Authority (CMA) for transition to the main market, according to a bourse filing.

 

Al-Samaani’s shares were listed on Nomu-Parallel Market on Feb. 26, 2017, with SAR 25 million in capital.

 

In September, Al-Samaani’s board of directors approved the transition of the company’s shares from Nomu parallel market to the main market, Argaam reported.

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