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ActionsThe Securities Depository Center Company (Edaa) Announces the Deposit of Saudi Arabian Amiantit Co. Tradable Rights
The Securities Depository Center Company (Edaa) announces the deposit of Saudi Arabian Amiantit Co. tradable rights into the Center’s Accounts of eligible securities’ holders today 16/08/1445H, corresponding to 26/02/2024G.
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CMA Announces the Approval of Public Offering of "Al Rajhi Global Real Estate Sector Fund”
The CMA has issued its resolution approving the public offer, by "Al Rajhi Capital", of "Al Rajhi Global Real Estate Sector Fund". An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the Terms and Conditions which includes detailed information on the Fund, investment strategy and risk factors, and carefully study it to be able to assess the feasibility of taking into consideration the associated risks. If the Terms and conditions proves difficult to understand, it is recommended to refer to the fund manager for more information. The CMA's approval of the fund should never be considered as a recommendation to subscribe in the fund, The CMA's approval of the fund merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
23/01/2025 16:59:17 -
Capital Market Authority: Ertiyad Holding Group Convicted of Violating the Capital Market Law and Its Implementing Regulations, Fined SAR 6.12 Million
The Capital Market Authority announces the issuance of a final decision by the Appeal Committee for the Resolution of Securities Disputes' (ACRSD) convicting Ertiyad Holding Group of violating Article (31) of the Capital Market Law and Article (5) of the Securities Business Regulations, and imposing a financial penalty of SAR 6.12 million. According to the ACRSD, the final decision was issued convicting Ertiyad Holding Group for practicing securities business, represented in the activity of “Acting as an Agent", without obtaining a license from the CMA, by receiving funds and investing them in the Saudi Exchange in return for a portion of profits. The ACRSD's decision came as a result of joint coordination and cooperation between the CMA and the relevant concerned authorities, and in light of the public penal lawsuit filed by the Public Prosecution, referred to it by the CMA, against the convicted entity. The CMA stresses the importance of investors' confidence in the capital market for its growth and prosperity. The CMA continuously monitors any violating behaviors of the Capital Market Law, its Implementing Regulations, and the regulations enforced by the CMA, identifies the perpetrators, and processes the necessary procedures to impose deterrent penalties against them, in order to enhance the CMA's efforts aimed at creating an attractive investment environment to all categories of investors and safe from unfair or unsound practices or that involve fraud, cheating, deception or manipulation. The General Secretariat of the Committees for Resolution of Securities Disputes (GS-CRSD) announced that any person who has entered into an agreement or contract with the convicted entity in relation to this violation is entitled to file a claim (as individual or class action) with the CRSD to request the rescission of the agreement or contract and the recovery of any money or other property paid or transferred under the agreement or contract, as per Article (60/b) of the Capital Market Law, provided that such claim is preceded by a complaint filed with the CMA on this regard, via the following link (File Complaint Link). Additionally, the GS-CRSD will announce on its website when any class action is registered, allowing other investors who have entered into agreements or contracts with the convicted entity to submit a request to join the class action. For further announcement's details, kindly visit the official website of General Secretariat of the Committees for Resolutions of Securities Disputes, via the following link: Announcement from the General Secretariat of the Committees for Resolution of Securities Disputes Click Here
23/01/2025 16:55:38 -
Announcement from the Saudi Exchange regarding the transfer and listing of Raoom Trading Co. shares in the Main Market
With reference to the announcement of The Saudi Exchange on: 06/07/1446H, corresponding to 06/01/2025G regarding approving Raoom Trading Co. request to transfer from Nomu - Parallel Market to the Main Market. The Saudi Exchange announces that the listing and trading of Raoom Trading Co. shares in the Main Market will commence on Monday dated 27/07/1446H corresponding to 27/01/2025G with the symbol (4144) in the Industry Group (Capital Goods), and the daily fluctuation limits of the share price will be 10%.
23/01/2025 16:11:19 -
The Securities Depository Center Company (Edaa) Announces Implementing a Corporate Action on Saudi Government SAR Sukuk Securities
The Securities Depository Center Company ("Edaa") announces implementing the size of Issue increase for Saudi Government SAR Sukuk (2019-01-10), (2024-01-15), (2024-04-12) and (2023-08-09) issued on 23/07/1446H corresponding to 23/01/2025G.
23/01/2025 08:27:27 -
Announcement Regarding The Approval On Listing Government Debt Instruments Of a Class Already Listed
Saudi Exchange has issued its resolution approving the listing request of the debt instruments from a class already listed, issued by the Government of the Kingdom of Saudi Arabia submitted by the Ministry of Finance as per the Listing Rules with a total value of SAR (3,723,500,000) detailed as follow: 1.   Increase in issuance 10-01-2019 (Tadawul code: 5274) by SAR 1,255,000,000 to reach a total of SAR 27,503,990,000. 2.   Increase in issuance 15-01-2024 (Tadawul code: 5339) by SAR 27,500,000 to reach a total of SAR 11,247,429,000. 3.   Increase in issuance 12-04-2024 (Tadawul code: 5344) by SAR 1,036,000,000 to reach a total of SAR 11,026,216,000. 4.   Increase in issuance 09-08-2023 (Tadawul code: 5333) by SAR 1,405,000,000 to reach a total of SAR 15,929,492,000.  Accordingly, the listing of government debt instruments reissue shall commence starting from Thursday 23/01/2025.
22/01/2025 15:39:59