Development Works Food refiles for transition to main market

22/09/2021 Argaam

Logo of Development Works Food

Development Works Food Co. refiled a request, on Sept. 21, for transition from the Nomu-Parallel Market to the main market, through the automated system set by the financial market for this purpose, according to a bourse statement.

 

The company’s board of directors approved, on Sept. 12, its transition from the parallel market to the main market.

 

The company was listed on Nomu in February 2017, according to Argaam data.

 

In March, the Saudi Exchange (Tadawul), in coordination with the Capital Market Authority (CMA), rejected the request submitted by Development Works Food for transition to the main market. The company was allowed to re-submit the request within six months from the decision date.

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