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The Securities Depository Center (Edaa) Announces Implementing a Corporate Action on Saudi Advanced Industries Co. Securities
The Securities Depository Center Company (Edaa) announces implementing securities quantity Increase for Saudi Advanced Industries Co. on the Center’s Accounts of eligible securities’ holders today 08/07/1444H, corresponding to 30/01/2023G.
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Announcement from the Saudi Exchange Regarding the Suspension of Trading List of companies.
Due to following companies Main Market: • The Mediterranean and Gulf Insurance and Reinsurance Co. • Anaam International Holding Group • Alkhaleej Training and Education Co. • Saudi Industrial Development Co. • Red Sea International Co. noncompliance with announcing the financial statements period ending on 2022-12-31 during 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 Sunday 11/09/1444 H, corresponding to 02/04/2023G. 2. companies shares will resume trading for twenty trading sessions starting from Monday 12/09/1444 H, corresponding to 03/04/2023G, following the one-day suspension, the companies are required to announce the financial statements before the end of Sunday 17/10/1444 H, corresponding to 07/05/2023G. 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 Monday 18/10/1444 H, corresponding to 08/05/2023G. until the company announces its financial statements.
02/04/2023 09:03:39 -
The Capital Market Authority announces the Approval on the Registration and the Initial Public Offering of Lumi Rental Company's Shares
The Capital Market Authority ("CMA") Board has issued its resolution dated 07/09/1444H corresponding to 29/03/2023G approving Lumi Rental Company's ("the company") application for the Registration and the offering of (16,500,000) shares representing (30%) of the Company's share capital. The Company’s prospectus will be published within sufficient time prior to the start of the subscription period. The prospectus includes all relevant information that the investor needs to know before making an investment decision, including the Company's financial statements, activities and management. A subscription decision without reading the prospectus carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the prospectus, which includes detailed information on the company, the offering and risk factors. Thus, providing potential investors the ability to evaluate the viability of investing in the offering, taking into consideration the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision. The CMA’s approval on the application should never be considered as a recommendation to subscribe in the offering of any specific company. The CMA's approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met. The CMA’s approval on the application shall be valid for )6( months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company's shares are not completed within this period.
29/03/2023 17:25:02 -
The Capital Market Authority announces the Approval on the Registration and the Initial Public Offering of First Milling Company's Shares
The Capital Market Authority ("CMA") Board has issued its resolution dated 05/09/1444H corresponding to 27/03/2023G approving First Milling Company's ("the company") application for the Registration and the offering of (16,650,000) shares representing (30%) of the Company's share capital. The Company’s prospectus will be published within sufficient time prior to the start of the subscription period. The prospectus includes all relevant information that the investor needs to know before making an investment decision, including the Company's financial statements, activities and management. A subscription decision without reading the prospectus carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the prospectus, which includes detailed information on the company, the offering and risk factors. Thus, providing potential investors the ability to evaluate the viability of investing in the offering, taking into consideration the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision. The CMA’s approval on the application should never be considered as a recommendation to subscribe in the offering of any specific company. The CMA's approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met. The CMA’s approval on the application shall be valid for )6( months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company's shares are not completed within this period.
29/03/2023 17:21:53 -
The Capital Market Authority Announces the Approval on the Registration and Offering shares of Abdul Aziz Al-Tuwaijri Trading Company in the Parallel Market
The Capital Market Authority "CMA" Board has issued its resolution dated 07/09/1444H corresponding to 29/03/2023G approving of Abdul Aziz Al-Tuwaijri Trading Company "the Company" application for the registration and offering of (600,000) shares representing (13.04%) of the Company's share capital in the Parallel Market. The offer will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The prospectus will be published within sufficient time prior to the start of the offering. Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision. The CMA’s approval on the application should never be considered as a recommendation to invest in the offering or shares of the company. The CMA’s approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met. The CMA’s approval on the application shall be valid for (6) months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company's shares are not completed within this period.
29/03/2023 17:19:30 -
The Capital Market Authority Announces the Approval on the Registration and Offering shares of Saudi call trading in the Parallel Market
The Capital Market Authority "CMA" Board has issued its resolution dated 07/09/1444H corresponding to 29/03/2023G approving of Saudi call trading "the Company" application for the registration and offering of (675,000) shares representing (15%) of the Company's share capital in the Parallel Market. The offer will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The prospectus will be published within sufficient time prior to the start of the offering. Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision. The CMA’s approval on the application should never be considered as a recommendation to invest in the offering or shares of the company. The CMA’s approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met. The CMA’s approval on the application shall be valid for (6) months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company's shares are not completed within this period.
29/03/2023 17:16:47