Logo of Advance International Company for Communication and Information Technology (AICTEC)
Advance International Company for Communication and Information Technology’s (AICTEC) board of directors decided on March 11 to appoint KASB Capital as financial advisor on its planned transition from the Nomu-Parallel Market to the Main Market, according to a statement to Tadawul.
AICTEC will announce any further developments in this regard in due course.
The transition is subject to the approval of the Saudi Exchange and is conditional on fulfilling all requirements stipulated in the listing rules.
In December 2023, AICTEC board of directors approved the company’s transition to the Main Market, Argaam reported.
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