Somou Real Estate plans move to main market of Saudi stock exchange

Somou Real Estate plans move to main market of Saudi stock exchange
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Updated 15 May 2022
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Somou Real Estate plans move to main market of Saudi stock exchange

Somou Real Estate plans move to main market of Saudi stock exchange

RIYADH: Saudi developer Somou Real Estate Co., currently listed on the Kingdom’s parallel Nomu market, has received its board’s approval to transfer to the main index TASI.

The transition is subject to approval from the Saudi stock exchange as well as fulfilling all requirements imposed by the market, the company said in a filing.