‎Banan to debut on TASI today, 13th transition from Nomu

‎Banan to debut on TASI today, 13th transition from Nomu ‎Banan to debut on TASI today, 13th transition from Nomu

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Logo ofBanan Real Estate Co.

Banan Real Estate Co.will list and start trading on the Main Market (TASI) today, Dec. 9, under the symbol 4324 in the real estate management and development sector.

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The stock will have a 10% daily price fluctuation limit.

On Nov. 18, Tadawul approved Banan’s application to transition from the Nomu-Parallel Market to TASI, with a capital of SAR 200 million, divided into 200 million shares, at a par value of SAR 1 a share, according to data available with Argaam.

The stock’s last price on Nomu was SAR 8.25, which will be its opening price on TASI.

Banan will bring the number of TASI-listed companies to 227, excluding 19 REITs. The number of companies listed on Nomu would drop to 104, excluding Alwaha REIT Fund.

 

Logo ofBanan Real Estate Co.

Banan Real Estate Co.will list and start trading on the Main Market (TASI) today, Dec. 9, under the symbol 4324 in the real estate management and development sector.

The stock will have a 10% daily price fluctuation limit.

On Nov. 18, Tadawul approved Banan’s application to transition from the Nomu-Parallel Market to TASI, with a capital of SAR 200 million, divided into 200 million shares, at a par value of SAR 1 a share, according to data available with Argaam.

The stock’s last price on Nomu was SAR 8.25, which will be its opening price on TASI.

Banan will bring the number of TASI-listed companies to 227, excluding 19 REITs. The number of companies listed on Nomu would drop to 104, excluding Alwaha REIT Fund.

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