Obeikan Glass files for transition to Main Market

05/12/2024 Argaam
Obeikan Glass manufacturing facility

Obeikan Glass manufacturing facility

Obeikan Glass Co. submitted today, Dec. 5, a request to the Saudi Exchange (Tadawul) to move to the Main Market (TASI).

 

In a statement to Tadawul, the company said that the transfer request was submitted through the system designated by the regulatory authorities for this purpose.

 

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Any material developments regarding the transition will be announced as they occur, the statement added.

 

On Dec. 27, the company’s board of directors approved transferring the company’s shares from the Nomu-Parallel Market to TASI, according to data available to Argaam.

 

The stock debuted on Nomu in February 2022. Obeikan’s capital currently stands at SAR 320 million.

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