Riyadh Cement’s board approves transition to Saudi Arabia’s main market TASI

Riyadh Cement’s board approves transition to Saudi Arabia’s main market TASI
Riyadh Cement is currently listed on the parallel Nomu market (Riyadh Cement)
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Updated 29 June 2022
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Riyadh Cement’s board approves transition to Saudi Arabia’s main market TASI

Riyadh Cement’s board approves transition to Saudi Arabia’s main market TASI

RIYADH: Riyadh Cement Co. has secured its board of directors’ approval to transfer to Saudi Arabia’s main market TASI, a bourse filing revealed.

The cement producer, which is currently listed on the parallel Nomu market, has appointed Yaqeen Capital as a financial advisor for the transition.

The transaction is subject to obtaining the necessary regulatory approvals, the company said in the filing.