IssuerAnnouncementDetailsV2Portlet
The announcement of Sure Global Tech. Co. about the latest developments in the company’s announcement of the Board of Directors’ decision approving the company’s transfer from the parallel market to the main market.
Element List | Explanation |
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Introduction | With reference to the company’s announcement on the Saudi Tadawul website of the Board of Directors’ decision approving the company’s transfer from the parallel market to the main market. We would like to inform that a financial consultant has been appointed to manage the company’s transition from the parallel market to the main market. |
Previous Announcement | Board of Directors’ decision approving the company’s transfer from the parallel market to the main market. |
Date of Previous Announcement on Saudi Exchange’s Website | 2024-02-25 Corresponding to 1445-08-15 |
Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
Latest Developments Of The Announced Event | The company would like to announce to its esteemed shareholders the appointment of Riyad Capital as a financial advisor to manage the company’s transfer file from the parallel market to the main market on Wednesday 03-09-1445 AH corresponding to 13-03-2024 AD. This is based on the requirements of the listing rules updated and amended pursuant to Capital Market Authority Board Resolution No. (1-108-2022) dated 23/03/1444 AH corresponding to 19/10/2022 AD. Note that the move to the main market is subject to the approval of the Saudi Stock Exchange and is conditional on fulfilling all requirements stipulated in the listing rules. Any developments will be announced later. |
The costs associated with the event, and if they have changed or not with indication of the reasons. | Nil |
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.