IssuerAnnouncementDetailsV2Portlet
Announcement of Mohammed Hadi Al-Rasheed & Partners Company Regarding the Board of Directors’ Approval to Transfer from the Parallel Market (Nomu) to the Main Market (TASI).
| Element List | Explanation |
|---|---|
| Introduction | Mohammed Hadi Al-Rasheed & Partners Company announces that its Board of Directors, in its resolution dated 19/07/1447H, corresponding to 08/01/2026G, has approved the transfer of the Company from the Parallel Market (Nomu) to the Main Market (TASI). The Board of Directors also approved the appointment of Estidamah Capital as the financial advisor for the purpose of managing the Company’s transfer file, in accordance with the updated and amended Listing Rules issued pursuant to the resolution of the Board of the Capital Market Authority No. (2-135-2025) dated 24/11/2025G. |
| The date of the Board resolution | 2026-01-08 Corresponding to 1447-07-19 |
| Additional Information | It should be noted that the transfer to the Main Market is subject to the approval of the Saudi Exchange and the fulfilment of all requirements stipulated under the Listing Rules. The Company will announce any material developments in this regard in due course. |
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.