‎TASI: Dar Albalad to debut on May 20

‎TASI: Dar Albalad to debut on May 20 ‎TASI: Dar Albalad to debut on May 20

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Logo ofDar Albalad for Business Solutions Co.

Dar Albalad for Business Solutions Co. will begin trading on the Main Market (TASI) on May 20 under the symbol 7205 and ISIN Code SA76IG4JGIH1.

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The stock will trade in the first three days with daily and static price fluctuation limits of ±30% and ±10%, respectively. From the fourth trading day onwards, the daily price fluctuation limits will revert to ±10%, while the static price limits will no longer apply.

In another statement, the Securities Depository Center Co. (Edaa) said the subscribed securities were added to the accounts of eligible shareholders today, May 19.

According to data available with Argaam, the company offered 6.3 million shares, representing 30% of its SAR 70 million capital, divided into 70 million shares, at a par value of SAR 1 each.

 

Logo ofDar Albalad for Business Solutions Co.

Dar Albalad for Business Solutions Co. will begin trading on the Main Market (TASI) on May 20 under the symbol 7205 and ISIN Code SA76IG4JGIH1.

The stock will trade in the first three days with daily and static price fluctuation limits of ±30% and ±10%, respectively. From the fourth trading day onwards, the daily price fluctuation limits will revert to ±10%, while the static price limits will no longer apply.

In another statement, the Securities Depository Center Co. (Edaa) said the subscribed securities were added to the accounts of eligible shareholders today, May 19.

According to data available with Argaam, the company offered 6.3 million shares, representing 30% of its SAR 70 million capital, divided into 70 million shares, at a par value of SAR 1 each.

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