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Announcement from the Saudi Exchange Regarding the Suspension of Trading the Shares of Morabaha Marina Financing Co.
Due to Morabaha Marina Financing Co. noncompliance with announcing its financial statements Period ending on 2025-03-31 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, Saudi Exchange announces that it will perform the following:
1. Suspend the trading of Morabaha Marina Financing Co. shares on the Exchange for one trading day, dated on Sunday 20/11/1446, corresponding to 18/05/2025.
2. Morabaha Marina Financing Co. shares will resume trading for twenty trading sessions starting from Monday 21/11/1446, corresponding to 19/05/2025, following the one-day suspension, and the company is required to announce its financial statements before the end of Thursday 23/12/1446, corresponding to 19/06/2025.
3. In case the company did not announce its financial statements Period ending on 2025-03-31 during the period stated in point (2), trading of Morabaha Marina Financing Co. shares will be suspended again starting from Sunday 26/12/1446, corresponding to 22/06/2025 until the company announces its financial statements.
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