SMC said the transaction followed regulatory approvals from the CMA and relevant authorities
Specialized Medical Co. (SMC Healthcare) said it received on May 18 a notice from a major shareholder, Al Thamad Trading Co. as regards ownership restructure. Al Thamad Trading transferred its ownership of 14.13%, or 35.34 million shares, to the private investment portfolios of the individual shareholders, according to a statement to Tadawul. 
The move was subject to fulfilling all regulatory requirements issued by the Capital Market Authority and other relevant regulatory authorities.
Tadawul’s daily report showed that Al Thamad Trading’s ownership in SMC fell from 14.14% to below 5%, data compiled by Argaam showed.
SMC said the transaction followed regulatory approvals from the CMA and relevant authorities
Specialized Medical Co. (SMC Healthcare) said it received on May 18 a notice from a major shareholder, Al Thamad Trading Co. as regards ownership restructure. Al Thamad Trading transferred its ownership of 14.13%, or 35.34 million shares, to the private investment portfolios of the individual shareholders, according to a statement to Tadawul.
The move was subject to fulfilling all regulatory requirements issued by the Capital Market Authority and other relevant regulatory authorities.
Tadawul’s daily report showed that Al Thamad Trading’s ownership in SMC fell from 14.14% to below 5%, data compiled by Argaam showed.
