MIS names Al Rajhi Capital as market maker

04/06/2023 Argaam
Logo ofAl Moammar Information Systems Co.

Logo of Al Moammar Information Systems Co.


Al Moammar Information Systems Co.’s (MIS) board of directors approved, on June 1, to appoint Al Rajhi Capital as a market maker for its shares.  

 

According to a Tadawul statement, the company aims to support liquidity in share trading.

 

MIS noted that the appointment will be valid for 12 months from the agreement’s effective date.

 

This decision is subject to the competent authorities’ approval.

 

The company will disclose any development in due course.

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