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The Saudi Exchange announces that the fluctuation limits for Rasan Information Technology Co. will be based on a share price of SAR 89.30
Rasan Information Technology Co. EGM held on Thursday 2025/02/06 has approved the capital increase via issuing new ordinary shares allocated to the employee's stock option program. Thus, the fluctuation limits on Sunday 2025/02/09 for Rasan Information Technology Co. will be based on a share price of SAR 89.30 and the outstanding orders will be canceled.
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Saudi Exchange Company Announces the Publishing of the Draft Amendments to the Exchange Rules for Public Consultation
As part of Saudi Exchange Company commitment to involve all concerned and interested parties to participate and share their views on the regulatory framework, the Saudi Exchange Company announces the publishing of the Draft Amendments to Exchange Rules for public consultation, which can be viewed through the following link: • The Draft Amendments to the Exchange Rules (Click Here). The proposed draft amendments aim to develop the categories of qualified investors in the Parallel Market by adding a new classified category among qualified investors and easing the standards and requirements that an investor must meet to be eligible to trade and invest in the Parallel Market, which will positively impact the Capital Market. The amendments also include changes to the market value requirement for publicly held shares and the expected aggregate market value requirement as of the listing date for all shares to be listed on the Parallel Market. Furthermore, the amendments also aim to align with the Capital Market Authority’s Regulations, as amended to implement the new Companies Law. Saudi Exchange Company would be pleased to receive your feedback and observations no later than 19/08/2025G corresponding to 25/02/1447H through the following email: Public.Consultation@tadawulgroup.sa All opinions and observations shall be considered and assessed during the process of issuing the final versions of the documents.
06/08/2025 15:20:49 -
The Capital Market Authority approves the capital increase request for Shatirah House Restaurant Company through the issuance of bonus shares
The CMA has issued its resolution approving Shatirah House Restaurant Company's request to increase its capital from ^ (35,000,000) to ^ (56,000,000) through issuing (3) bonus shares for every (5) existing shares owned by the shareholders who are registered in the shareholders registry at the Security Depository Center as of the closing of the second trading day after the due date which will be determined later by the Company's board, such increase will be paid by transferring an amount of ^ (21,000,000) from “Retained earnings” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (35,000,000) shares to (56,000,000) shares, by an increase of (21,000,000) shares. The extraordinary general assembly shall be held within six months from this approval date and the Company shall satisfy all regulatory requirements and applicable laws.
05/08/2025 18:07:22 -
The Capital Market Authority Licenses Razeen Financial Company to Conduct Managing Investments Activity in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Razeen Financial Company has completed the commencements of business requirements to conduct Managing Investments Activity in the Securities Business licensed as per CMA resolution dated 26/05/1446H corresponding to 28/11/2024G.
04/08/2025 18:29:01 -
Saudi Exchange Company announces the approval of SNB Capital to conduct Market Making activities on Almasane Alkobra Mining Co (1322) and Waja Co. (9560)
Saudi Exchange Company announces the approval of SNB Capital application for conducting Market Making activities on Almasane Alkobra Mining Co (1322) and Waja Co. (9560) commencing on 05/08/2025. The Market Maker obligations on on Almasane Alkobra Mining Co (1322) are the following: • Minimum Presence of Orders: 70% • Minimum Size: 75,000 SAR • Maximum Spread: 0.75% • Minimum Value Traded: ≥ 5% The Market Maker obligations on Waja Co. (9560) are the following: • Minimum Presence of Orders: 50% • Minimum Size: 50,000 SAR • Maximum Spread: 5% • Minimum Value Traded: N/A SNB Capital will be conducting Market Making activities as defined in the Market Making Regulations and the Market Making Procedures. For more information about Market Making, please (Click Here).
04/08/2025 15:27:04 -
The Capital Market Authority Licenses Hamah Capital Company to Conduct Advising Activity in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Hamah Capital Company has completed the commencements of business requirements to conduct Advising Activity in the Securities Business licensed as per CMA resolution dated 18/04/1446H corresponding to 21/10/2024G.
31/07/2025 15:56:19