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ActionsThe 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), (2024-04-07), (2024-04-12), (2024-01-10), (2024-01-15) and (2017-07-10) issued on 16/03/1446H corresponding to 19/09/2024G.
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Saudi Exchange Announces the Listing of “Al Majed for Oud Co.”
Saudi Exchange announces the listing and trading shares of “Al Majed for Oud Co.” on the Main Market on Monday 07/10/2024, with the symbol 4165 and ISIN Code SA164HF212H1, with +/- 30% daily price fluctuation limits and +/- 10% static price fluctuation limits. These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onwards, the daily price fluctuation limits will revert to +/- 10% and the static price fluctuation limits will no longer apply. For more information about “Al Majed for Oud Co.”, please (click here) to review the prospectus.
03/10/2024 08:25:50 -
The Capital Market Authority Approves Al-Baha Investment and Development Company’s Request to Reduce its Capital
The CMA has issued its resolution approving Al-Baha Investment and Development Company’s request to reduce its capital from SAR (297,000,000) to SAR (218,295,000), thus reducing the number of shares from (2,970,000,000) shares to (2,182,950,000) shares. This approval is conditional on the Company’s extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations. The Company will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effect of such reduction within sufficient time prior to the Extraordinary General Assembly Meeting to enable shareholders to vote on the capital decrease. The CMA’s approval of a particular company’s application to reduce its capital should never be viewed as an endorsement of the feasibility of the capital decrease. The CMA’s approval of a company’s application to reduce its capital merely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.
02/10/2024 17:51:20 -
The Capital Market Authority Licenses Narmo Capital Company to Conduct Managing Investments Activity in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Narmo Capital Company has completed the commencements of business requirements to conduct Managing Investments Activity in the Securities Business licensed as per CMA approval dated 07/04/1445 H corresponding to 22/10/2023G.
02/10/2024 17:47:35 -
The Capital Market Authority Licenses Dinar Investment Company to Conduct Arranging, Managing Investments and Operating Funds, and Custody Activities in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Dinar Investment Company has completed the commencements of business requirements to conduct Arranging, Managing Investments and Operating Funds, and custody Activities in the Securities Business licensed as per CMA resolution dated 04/08/1445H corresponding to 14/02/2024G.
02/10/2024 17:43:33 -
The Capital Market Authority Licenses Apex FundRock Investment JSC to Conduct Managing Investments and Operating Funds Activity in the Securities Business and its Completion of the Commencements of Business Requirements
In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Apex FundRock Investment JSC has completed the commencements of business requirements to conduct Managing Investments and Operating Funds Activity in the Securities Business licensed as per CMA resolution dated 03/07/1445H corresponding to 15/01/2024G.
02/10/2024 17:39:49