Logo ofCanadian Medical Center Co. (CMCER)
Shares of Canadian Medical Center Co. (CMCER) began trading today, Oct. 22, on the Main Market (TASI) under the symbol 4021 in healthcare sector, with a daily price fluctuation limit of ±10%. 
Tadawul approved the company’s transition from Nomu-Parallel Market to TASI on Oct.1.
The company’s capital stands at SAR 77 million, divided into 77 million shares at a nominal value of SAR 1. The last traded price on Nomu was SAR 9.05, which serves as the opening price on TASI today.
CMCER is the 19th company to move from Nomu to TASI.
This brings the total number of companies listed on TASI to 244, excluding 19 listed REITs, while the number of companies listed on the Nomu – Parallel Market decreases to 125, excluding Alwaha REIT Fund.
Company Profile
CMCER was established in 2008 as a branch of a sole proprietorship and was converted into a limited liability company in 2016 with a capital of SAR 77 million, divided into 7.7 million shares.
In 2019, the company merged with Advanced Medical Clinics Co. after which the latter become CMC’s Al Khobar branch, assuming all its rights and obligations.
The company provides a range of medical and healthcare services, including hospital and clinic management, trading of medical equipment and supplies, operating on-site clinics, providing medical coverage for events and projects, and ambulance transportation services through its own fleet.
Its operations are divided into two main segments: the medical clinics segment and the medical project contracts segment, the latter being the company’s primary source of revenue, with most of its income generated from the Eastern Province.
The company was listed on the Nomu – Parallel Market on Aug. 2, 2021, through direct listing at a reference price of SAR 39 per share.
In June 2023, the company split its nominal share value from SAR 10 to SAR 1.
Details of CMCER’s Transition
Item
Upon Listing on Nomu – Parallel Market
Upon Listing on TASI
Capital (SAR mln)
77
77
No. of shares (mln)
7.7
77
Nominal value per share (SAR)
10
1
Sector
Healthcare
Healthcare
Daily price fluctuation limit
30%
10%
Listing price (SAR)
39
9.05
Share trading eligibility
Restricted to qualified investors
Open to any person, entity, or fund—Saudi or foreign—permitted under the Capital Market Law and its implementing regulations to own and trade securities.
Companies that transitioned from the Nomu – Parallel Market to TASI
Company
Board approval
Application for transition
Tadawul approval
Listing on TASI
Al Kathiri
Oct 9, 2019
Oct 15, 2019
Oct 28, 2019
Nov 3, 2019
Thob Al Aseel
Oct 6, 2019
Oct 16, 2019
Nov 4, 2019
Nov 10, 2019
Abo Moati
Oct 6, 2019
Oct 16, 2019
Nov 4, 2019
Nov 11, 2019
Raydan
Oct 8, 2019
Oct 29, 2019
Nov 17, 2019
Nov 21, 2019
Baazeem
Oct 7, 2019
Nov 14, 2019
Nov 28, 2019
Dec 4, 2019
Arab Sea
Oct 9, 2019
Mar 17, 2020
Apr 12, 2020
Apr 15, 2020
Al-Omran
Feb 16, 2020
Jun 15, 2020
Jul 15, 2020
Jul 21, 2020
Sadr
Sep 27, 2020
Nov 2, 2020
Dec 3, 2020
Dec 10, 2020
Development Works Food
Sep 12, 2021
Nov 4, 2021
Nov 17, 2021
Nov 23, 2021
Sumou
May 15, 2022
May 24, 2023
Aug 20, 2023
Sep 7, 2023
Riyadh Cement
Jun 29, 2022
Jun 18, 2023
Nov 14, 2023
Dec 5, 2023
Burgerizzer
Oct 12, 2023
Jun 13, 2024
Oct 13, 2024
Nov 4, 2024
Banan
Jul 4, 2023
Jun 4, 2024
Nov 18, 2024
Dec 9, 2024
Jahez
Mar 19, 2024
Jul 7, 2024
Nov 18, 2024
Dec 10, 2024
Raoom
Dec 14, 2023
Jun 11, 2024
Jan 6, 2025
Jan 27, 2025
Azm
Apr 18, 2025
May 27, 2025
Jun 29, 2025
Jul 11, 2025
Obeikan Glass
Dec 27, 2023
May 23, 2025
Jun 29, 2025
Jul 11, 2025
GAS
Jan 2, 2024
Jul 17, 2025
Sep 16, 2025
Oct 9, 2025
CMCER
Jul 9, 2023
Jul 27, 2025
Oct 1, 2025
Oct 22, 2025
According to the Listing Rules issued by the Capital Market Authority (CMA), the transition of any company from the Nomu – Parallel Market to the TASI – Main Market requires meeting several conditions, including the following:
1- Application timing: The request for transition may be submitted only after two years have passed since the company’s listing on the Parallel Market.
2- Listing requirements: The company must meet all Main Market listing requirements, except for market capitalization. The minimum average market capitalization during the six months preceding the application must be SAR 200 million.
3- Disclosure requirement: Before submitting the application, the issuer must disclose its Board of Directors’ report to the public, including all information required under the relevant implementing regulations.
4- Board approval: The Board of Directors must approve the transition to the Main Market and publicly disclose the decision before the start of the next trading session following the approval.
5- Application submission: The issuer must submit the transition request to Tadawul and announce the submission publicly.
Trading of the company’s shares is suspended for no more than five trading sessions until the transition procedures are completed, after which the company’s shares begin trading on the Main Market.
Logo ofCanadian Medical Center Co. (CMCER)
Shares of Canadian Medical Center Co. (CMCER) began trading today, Oct. 22, on the Main Market (TASI) under the symbol 4021 in healthcare sector, with a daily price fluctuation limit of ±10%.
Tadawul approved the company’s transition from Nomu-Parallel Market to TASI on Oct.1.
The company’s capital stands at SAR 77 million, divided into 77 million shares at a nominal value of SAR 1. The last traded price on Nomu was SAR 9.05, which serves as the opening price on TASI today.
CMCER is the 19th company to move from Nomu to TASI.
This brings the total number of companies listed on TASI to 244, excluding 19 listed REITs, while the number of companies listed on the Nomu – Parallel Market decreases to 125, excluding Alwaha REIT Fund.
Company Profile
CMCER was established in 2008 as a branch of a sole proprietorship and was converted into a limited liability company in 2016 with a capital of SAR 77 million, divided into 7.7 million shares.
In 2019, the company merged with Advanced Medical Clinics Co. after which the latter become CMC’s Al Khobar branch, assuming all its rights and obligations.
The company provides a range of medical and healthcare services, including hospital and clinic management, trading of medical equipment and supplies, operating on-site clinics, providing medical coverage for events and projects, and ambulance transportation services through its own fleet.
Its operations are divided into two main segments: the medical clinics segment and the medical project contracts segment, the latter being the company’s primary source of revenue, with most of its income generated from the Eastern Province.
The company was listed on the Nomu – Parallel Market on Aug. 2, 2021, through direct listing at a reference price of SAR 39 per share.
In June 2023, the company split its nominal share value from SAR 10 to SAR 1.
Details of CMCER’s Transition
Item
Upon Listing on Nomu – Parallel Market
Upon Listing on TASI
Capital (SAR mln)
77
77
No. of shares (mln)
7.7
77
Nominal value per share (SAR)
10
1
Sector
Healthcare
Healthcare
Daily price fluctuation limit
30%
10%
Listing price (SAR)
39
9.05
Share trading eligibility
Restricted to qualified investors
Open to any person, entity, or fund—Saudi or foreign—permitted under the Capital Market Law and its implementing regulations to own and trade securities.
Companies that transitioned from the Nomu – Parallel Market to TASI
Company
Board approval
Application for transition
Tadawul approval
Listing on TASI
Al Kathiri
Oct 9, 2019
Oct 15, 2019
Oct 28, 2019
Nov 3, 2019
Thob Al Aseel
Oct 6, 2019
Oct 16, 2019
Nov 4, 2019
Nov 10, 2019
Abo Moati
Oct 6, 2019
Oct 16, 2019
Nov 4, 2019
Nov 11, 2019
Raydan
Oct 8, 2019
Oct 29, 2019
Nov 17, 2019
Nov 21, 2019
Baazeem
Oct 7, 2019
Nov 14, 2019
Nov 28, 2019
Dec 4, 2019
Arab Sea
Oct 9, 2019
Mar 17, 2020
Apr 12, 2020
Apr 15, 2020
Al-Omran
Feb 16, 2020
Jun 15, 2020
Jul 15, 2020
Jul 21, 2020
Sadr
Sep 27, 2020
Nov 2, 2020
Dec 3, 2020
Dec 10, 2020
Development Works Food
Sep 12, 2021
Nov 4, 2021
Nov 17, 2021
Nov 23, 2021
Sumou
May 15, 2022
May 24, 2023
Aug 20, 2023
Sep 7, 2023
Riyadh Cement
Jun 29, 2022
Jun 18, 2023
Nov 14, 2023
Dec 5, 2023
Burgerizzer
Oct 12, 2023
Jun 13, 2024
Oct 13, 2024
Nov 4, 2024
Banan
Jul 4, 2023
Jun 4, 2024
Nov 18, 2024
Dec 9, 2024
Jahez
Mar 19, 2024
Jul 7, 2024
Nov 18, 2024
Dec 10, 2024
Raoom
Dec 14, 2023
Jun 11, 2024
Jan 6, 2025
Jan 27, 2025
Azm
Apr 18, 2025
May 27, 2025
Jun 29, 2025
Jul 11, 2025
Obeikan Glass
Dec 27, 2023
May 23, 2025
Jun 29, 2025
Jul 11, 2025
GAS
Jan 2, 2024
Jul 17, 2025
Sep 16, 2025
Oct 9, 2025
CMCER
Jul 9, 2023
Jul 27, 2025
Oct 1, 2025
Oct 22, 2025
According to the Listing Rules issued by the Capital Market Authority (CMA), the transition of any company from the Nomu – Parallel Market to the TASI – Main Market requires meeting several conditions, including the following:
1- Application timing: The request for transition may be submitted only after two years have passed since the company’s listing on the Parallel Market.
2- Listing requirements: The company must meet all Main Market listing requirements, except for market capitalization. The minimum average market capitalization during the six months preceding the application must be SAR 200 million.
3- Disclosure requirement: Before submitting the application, the issuer must disclose its Board of Directors’ report to the public, including all information required under the relevant implementing regulations.
4- Board approval: The Board of Directors must approve the transition to the Main Market and publicly disclose the decision before the start of the next trading session following the approval.
5- Application submission: The issuer must submit the transition request to Tadawul and announce the submission publicly.
Trading of the company’s shares is suspended for no more than five trading sessions until the transition procedures are completed, after which the company’s shares begin trading on the Main Market.
