Saudi Top board approves transition to TASI

04/11/2024 Argaam
Saudi Top for Trading Co.headquarters

Saudi Top for Trading Co. headquarters


Saudi Top for Trading Co.’s board of directors approved, on Nov. 3, the company’s transition from the Nomu-Parallel Market to the Main Market (TASI), according to a statement to Tadawul.

 

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The board has also appointed Watheeq Capital to manage the company’s transition file.

 

The company’s transition to TASI is subject to the approval of the Saudi Exchange (Tadawul) and the fulfillment of all the listing requirements.

 

Saudi Top will provide relevant updates in due course.

 

The company started trading shares on Nomu on Dec. 22, 2022. The current capital stands at SAR 40 million, divided into 40 million shares, as data compiled with Argaam showed.

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