10 Hrs
Source:
معلومات مباشر
Source: معلومات مباشر
10 Hrsمعلومات مباشر
Source: معلومات مباشر
10 HrsReady to play
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The board of First Avenue Real Estate Development Company has approved a move from the Parallel Market (Nomu) to the Main Market (TASI), subject to meeting regulatory requirements and obtaining the necessary approvals. A preliminary assessment found that the company had met 7 of the 11 requirements. Its average market capitalization over the past 12 months was approximately SAR 1.116 billion, compared with a minimum requirement of SAR 200 million. The main outstanding requirements are to increase public ownership from 22.99% to 30%, raise the number of shareholders from 361 to 600, and complete the transfer procedures and documentation.
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