Knowledge Tower board approves transition to TASI

08:54 AM (Mecca time) Argaam
Logo ofKnowledge Tower Trading Co.

Logo of Knowledge Tower Trading Co.


Knowledge Tower Trading Co.’s board of directors approved, on Nov. 19, the company’s transition from the Nomu-Parallel Market to the Main Market (TASI), according to a statement to the Saudi Exchange (Tadawul).

 

 

The company’s transition to TASI is subject to Tadawul’s approval and the fulfillment of all the listing requirements, the statement added.

 

Knowledge Tower will provide relevant updates in due course.

 

The company started trading shares on Nomu in November 2022. The current capital stands at SAR 17.5 million, with a nominal value of SAR 1 per share, according to data compiled by Argaam.

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