IssuerAnnouncementDetailsV2Portlet
Gas Arabian Services Co. Announces the approval of the Board of Directors to transfer to the main market and appointment of the financial advisor.
| Element List | Explanation |
|---|---|
| Announcement Detail | Gas Arabian Services Co. announces the decision of its Board of Directors on 21/06/1445 AH corresponding to 03/01/2024, which includes the approval of the company's transfer from the Parallel Market (Nomu) to the Main Market, and the appointment of Yaqeen Capital as a financial advisor for the purpose of transition, based on the requirements of the Listing Rules amended pursuant to CMA resolution No. (1-108-2022) dated 23/03/1444 AH corresponding to 19/10/2022. Note that the transition to the main market is subject to the approval of The Saudi Stock Exchange and is conditional on fulfilling all the requirements stipulated in the listing rules, and any developments related to this matter will be announced later. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.