IssuerAnnouncementDetailsV2Portlet
Watani Iron and Steel Company announces the approval of its board of directors to move to the main market
| Element List | Explanation |
|---|---|
| Announcement Detail | Watani Iron and Steel Company announces the unanimous decision of its Board of Directors on 02-14-1445 AH corresponding to 08-30-2023 AD By agreeing to move to the main market. And the appointment of Aldukheil Financial Group as a financial advisor for the purposes of the transition constructive On the requirements of the updated and amended Listing Rules under its Resolution No (1-108-2022) on 03/23/1444 AH corresponding to 10/19/2022 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 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.