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01/04/2024

Announcement from the Saudi Exchange Regarding the Suspension of Trading List of Companies.  


Due to following companies
 
Main Market:


•    Saudi Fisheries Co. 
•    Saudi Cable Co. 
•    Development Works Food Co.
•    Najran Cement Co.
•    AYYAN Investment Co.
•    Saudi Vitrified Clay Pipes Co.

Parallel Market:

•    Al Rashid Industrial Co.
•    Munawla Cargo Co.


Noncompliance with announcing the financial statements Period Ending on 2023-12- 31during the specified period mentioned in the Rules on the Offer of Securities and Continuing Obligations
According to the Exchange’s authorities stipulated in the Listing Rules, and to the Procedures of Suspension of Listed Securities, The Saudi Exchange announces that it will perform the following:
1. Suspend the trading of companies shares on the Exchange for one trading day, dated on Monday 22/09/1445 H, corresponding to 01/04/2024G.
2. Companies shares will resume trading for twenty trading sessions starting from Tuesday 23/09/1445 H, corresponding to 02/04/2024G, following the one-day suspension, the companies are required to announce the financial statements before the end of Monday 27/10/1445 H, corresponding to 06/05/2024G.
3. In case a company did not announce its financial statements during the period stated in point (2), trading of company shares will be suspended again starting from Tuesday 28/10/1445 H, corresponding to 07/05/2024G. until the company announces its financial statements.
 

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