Logo of Saudi Arabian Amiantit Co.
Saudi Arabian Amiantit Co.received on June 1 a letter from the Chairman of East Gas Co. stating that the board decided to postpone the company’s listing in the Nomu-Parallel Market. 
In a statement to Tadawul, Amiantit explained that the decision was made for practical reasons, to preserve the rights of shareholders and study other options for the success of the listing process.
Any material updates will be disclosed in a timely manner, the statement added.
In August 2024, East Gas filed a request with the Capital Market Authority (CMA) for direct listing on Nomu, Argaam reported earlier.
Amiantit, National Gas and Industrialization Co. (GASCO), and Saudi Paper Manufacturing Co. (SPM) own a 13%, 35% and 26% stake, respectively, in East Gas.
Logo of Saudi Arabian Amiantit Co.
Saudi Arabian Amiantit Co.received on June 1 a letter from the Chairman of East Gas Co. stating that the board decided to postpone the company’s listing in the Nomu-Parallel Market.
In a statement to Tadawul, Amiantit explained that the decision was made for practical reasons, to preserve the rights of shareholders and study other options for the success of the listing process.
Any material updates will be disclosed in a timely manner, the statement added.
In August 2024, East Gas filed a request with the Capital Market Authority (CMA) for direct listing on Nomu, Argaam reported earlier.
Amiantit, National Gas and Industrialization Co. (GASCO), and Saudi Paper Manufacturing Co. (SPM) own a 13%, 35% and 26% stake, respectively, in East Gas.
