Tadawul to halt trading on Riyadh Cement on TASI transition

29/11/2023 Argaam

Tadawul to halt trading on Riyadh Cement on TASI transition

Logo of Riyadh Cement Co.

The Saudi Exchange (Tadawul) announced that it will halt trading on Riyadh Cement Co.'s shares for a period not exceeding five sessions starting Nov. 30 to complete the procedures of moving from the Nomu-Parallel Market to the main market.

 

Tadawul will also announce the listing and trading date of the issuer’s shares on the main market as soon as the procedures are completed. 

 

In June, the cement producer submitted a request for transition to Tadawul, Argaam earlier reported.

 

Earlier this month, Tadawul approved the company's request to transfer to the main market.

 

Riyadh Cement shares started trading on Nomu on Sept. 2, 2020.

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