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Announcement from the Saudi Exchange Regarding the Suspension of Trading List of Companies.
In reference to the Saudi Exchange announcement dated on 01/04/2026. And due to the following companies’ non-compliance with announcing their financial statements Period Ending on 2025-12-31 during the specified period:
Main Market :
• Nama Chemicals Co.
• Methanol Chemicals Co.
• Aldawaa Medical Services Co.
Parallel Market :
• Rawasi Albina Investment Co.
• Osool and Bakheet Investment Co.
• Amwaj International Co.
The trading of the companies’ shares will be re-suspended starting from Thursday 30/04/2026 until the company announces its financial statements.
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Announcement from the Saudi Exchange Regarding the Suspension of Trading List of Companies.
In reference to the Saudi Exchange announcement dated on 01/04/2026. And due to the following companies’ non-compliance with announcing their financial statements Period Ending on 2025-12-31 during the specified period: Main Market : • Nama Chemicals Co. • Methanol Chemicals Co. • Aldawaa Medical Services Co. Parallel Market : • Rawasi Albina Investment Co. • Osool and Bakheet Investment Co. • Amwaj International Co. The trading of the companies’ shares will be re-suspended starting from Thursday 30/04/2026 until the company announces its financial statements.
30/04/2026 08:39:26 -
The Capital Market Authority approves Saudi Fisheries Company’s request to increase its capital by way of Rights Issue
The CMA has announced its resolution approving Saudi Fisheries Company’s request to increase its capital by way of rights issue valued at SAR (334,930,200). The increase will be limited to the shareholders who are registered in the shareholders’ registry at the Security Depository Center as of the closing of the second trading day after the extraordinary general assembly meeting, which will be determined by the Company’s board of directors at a later date. The offering price and the number of shares offered for subscription will be determined by the Company after market closing of the same day in which the extraordinary general assembly meeting is to be held. After reviewing the Company’s application in light of the governing regulatory requirements, and the quantitative and qualitative criteria applicable to all companies requesting a capital increase, the CMA has issued its resolution approving Saudi Fisheries Company’s capital increase request highlighted above. The rights issue prospectus will be posted and made available to the public at a later time. An investment decision based on the Company’s board recommendation to increase its capital or the CMA’s approval without carefully reading the rights issue prospectus or fully reviewing its content may involve high risk. Therefore, investors should carefully read the prospectus, which contains detailed information on the Company, the offering and risk factors. Thus, providing investors the ability to evaluate the viability of investing in the offering, taking into considerations the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to any investment decision. The CMA’s approval of the prospectus should never be considered as a recommendation to participate in the offer nor invest in the Company's shares. The CMA’s approval of the prospectus merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
29/04/2026 17:21:09 -
The Capital Market Authority Announces the Approval on the Registration and the Public Offering of WSM for Information Technology Co. Debt Instruments Program.
The Capital Market Authority (“CMA”) announces the issuance of its Board resolution dated 25/10/1447 AH corresponding to 13/04/2026 AD approving the application of WSM for Information Technology Co. (“Issuer”) for the registration and public offering of the debt instruments within a program that does not exceed the value of (500,000,000) Riyal, and the 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 financial statements of the issuer and adequate information about its activities and management, in addition to the details of the issuance program mentioned above. A subscription decision without reading the prospectus carefully and fully reviewing its content, may involve high risks. Therefore, investors should carefully read the prospectus which contains detailed information about the issuer, 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 not be considered as a recommendation to subscribe in the offering or the debt instruments of the issuer. 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 issuer’s first intended tranche of the debt instruments of the program is not completed within this period.
28/04/2026 15:57:09 -
The CMA Calls for Public Consultation on Enhancing Merger and Acquisition Processes in the Capital Market
The Capital Market Authority (CMA) called upon relevant and interested persons participating in the capital market to share their feedback on the development of merger and acquisition transactions in the Saudi capital market and the enhancement of their mechanisms through the amendment and introduction of a number of regulatory concepts in the Merger and Acquisition Regulations and the Rules on the Offer of Securities and Continuing Obligations. The consultation period will last for 45 calendar days, ending on 25/12/1447H, corresponding to 11/06/2026. The Draft aims to deepen the capital market and strengthen its role in capital formation, and to facilitate the procedures for executing merger and acquisition transactions, thereby contributing to expanding the scope of merger and acquisition activities, enabling companies to establish partnerships and efficiently restructure their businesses, and enhancing the competitiveness of mid-sized and growing companies. Among the key proposed regulatory amendments is the introduction of a “shelf registration for the purpose of acquiring a company or purchasing an asset” mechanism. This mechanism enables listed companies to register new shares with the CMA for subsequent use in acquiring a company or purchasing an asset, whether in a single transaction or multiple transactions, without the need to seek new approvals. The offering period shall not exceed three years, thereby expediting the completion of transactions, reducing procedural burdens, and providing companies with greater flexibility and enhanced opportunities to capture growth prospects. To further enhance investor protection against unfair practices in voting on the approval or rejection of merger and acquisition transactions, the proposed regulations provide that where a shareholder in the offeree company, or in either company, has a current or potential personal, financial, or commercial interest beyond their ordinary interests as a shareholder, such shareholder shall be counted toward the quorum of the Extraordinary General Assembly to avoid the lack of quorum and the non-convening of the meeting. However, the shareholder shall be prohibited from voting and shall not be counted in respect of agenda items relating to the offer, while being permitted to vote on the remaining agenda items. The proposed draft also addresses the regulation of information sharing during the negotiation or assessment of merger and acquisition transactions. It permits the disclosure of information at such stages to certain key shareholders in specified cases and subject to strict controls, in a manner that provides them with the necessary information to support the successful completion of the transaction and reduces the risks of trading based on such information. This, in turn, enhances the prospects of successfully completing the transaction and ensures the requirements necessary for its efficient and transparent execution, provided that the CMA is notified and an undertaking is obtained not to trade on the basis of such information in any form prior to its official announcement. This measure supports improving the quality of negotiations and financial evaluation, reduces the risk of information manipulation, enhances confidence, and mitigates the risks of trading based on such information. With respect to the voting of a shareholder who holds shares in both the offeror and the offeree company, the proposed draft enables such shareholders to vote in both companies on the merger or acquisition resolution, whereas previously their voting was limited to only one company. This right is granted provided that the shareholder in the offeree company is not a related party, in order to prevent undue benefit, thereby enhancing transparency and fairness in the capital market. The draft is expected to contribute to improving the efficiency of capital allocation in the national economy, in addition to enhancing the attractiveness of the Saudi capital market by increasing transparency and strengthening the transaction execution environment. The CMA emphasized that the comments of relevant and interested persons, including individuals, government entities, the private sector, and CMA's supervised entities, shall be taken into full consideration for the purpose of approving the final proposed Draft, which in turn shall contribute to the aim of enhancing and developing the regulatory environment. Opinions and comments can be received through any of the following: • The Unified Electronic Platform for Consulting the Public and Government Entities (Public Consultation Platform), affiliated with the Saudi Competitiveness & Business Center through the following link: istitlaa.ncc.gov.sa • The prescribed form through the following email: Laws.Regulations@cma.org.sa The Draft can be viewed via the following links: The Draft Amendments to the Merger and Acquisitions Regulations, the Implementing Regulation of the Companies Law for Listed Joint Stock Company, the Rules on the Offer of Securities and Continuing Obligations and the Glossary of Defined Terms Used in The Regulations and Rules of The Capital Market Authority Prescribed form for providing comments
27/04/2026 16:12:05 -
CMA Announces the Approval of Public Offering of "SICO GCC DIVIDENDS FUND"
The CMA has issued its resolution approving the public offer, by "SICO Capital Company”, of " SICO GCC DIVIDENDS 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.
27/04/2026 16:07:04