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Canadian Medical Center Co. Announces an update on Canadian Medical Center Co. announces the appointment of (Financial Advisor) for the purposes of transfer Company to The Main Market
| Element List | Explanation |
|---|---|
| Introduction | With reference to the Canadian Medical Center Company’s announcement published on the Financial Market website (Tadawul) on 28/12/1444 H corresponding to 16/07/2023 regarding the approval of the Board of Directors of the Canadian Medical Center Company to transfer to the main market and appointing a financial advisor. The company would like to announce to the shareholders the change of the previously appointed financial advisor and appointing a new financial advisor “Al Rajhi Capital”, for transition purposes. Based on the requirements of the listing regulations updated and amended pursuant to Capital Market Authority Board Resolution No. (1-108-2022) dated 23/03/1444 H corresponding to 19/10/2022. Noting that the transition to the main market is subject to the approval of the Saudi Exchange and is conditional on fulfilling all requirements stipulated in the listing regulations. Any developments related to this matter will be announced later. |
| Previous Announcement | Canadian Medical Center Co. announces the appointment of (Financial Advisor) for the purposes of transfer Company to The Main Market |
| Date of Previous Announcement on Saudi Exchange’s Website | 2023-07-16 Corresponding to 1444-12-28 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Appointing a new financial advisor for the purpose of moving to the main market in place of the previously appointed financial advisor. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Does not apply |
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.
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