Banan appoints Al Rajhi Capital as market maker

15/05/2024 Argaam
Logo ofBanan Real Estate Co.

Logo of Banan Real Estate Co.

Banan Real Estate Co.'s board of directors approved, on May 14, appointing Al Rajhi Capital as a market maker for its shares to support liquidity levels, the company said in a statement to Tadawul.

 

The contract term is 12 months from the effective date of the agreement, the statement added.

 

The decision is subject to the approval of the competent authorities.

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