‎Trading on Obeikan Glass, Saudi Azm to be suspended ahead of TASI transition

‎Trading on Obeikan Glass, Saudi Azm to be suspended ahead of TASI transition ‎Trading on Obeikan Glass, Saudi Azm to be suspended ahead of TASI transition

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Tadawul trading screen

The Saudi Exchange (Tadawul) will suspend trading of Obeikan Glass Co. and Saudi Azm for Communication and Information Technology Co.’s shares for up to five sessions starting July 15 to complete the company’s transition from the Nomu-Parallel Market to the Main Market (TASI).

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In two separate statements, Tadawul said it will announce the listing date and trading start on TASI once the process is complete.

For more news on listed companies

According to data available with Argaam, Tadawul approved in June the requests of both Obeikan Glass and Saudi Azm to move from Nomu to TASI.

Obeikan Glass has a capital of SAR 320 million, divided into 32 million shares, while Saudi Azm’s capital stands at SAR 30 million, with 60 million shares.

 

Tadawul trading screen

The Saudi Exchange (Tadawul) will suspend trading of Obeikan Glass Co. and Saudi Azm for Communication and Information Technology Co.’s shares for up to five sessions starting July 15 to complete the company’s transition from the Nomu-Parallel Market to the Main Market (TASI).

In two separate statements, Tadawul said it will announce the listing date and trading start on TASI once the process is complete.

For more news on listed companies

According to data available with Argaam, Tadawul approved in June the requests of both Obeikan Glass and Saudi Azm to move from Nomu to TASI.

Obeikan Glass has a capital of SAR 320 million, divided into 32 million shares, while Saudi Azm’s capital stands at SAR 30 million, with 60 million shares.

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