CMA delists Al-Khodari shares from Tadawul

04/11/2021 Argaam

Logo of Abdullah A. M. Al-Khodari Sons Co.

The Capital Market Authority (CMA) issued a decision today, Nov. 4, to delist shares of Abdullah A. M. Al-Khodari Sons Co. from the Saudi Exchange (Tadawul).

 

The market regulator said the decision is based upon the Capital Market Law issued by Royal Decree No. (M/30), and sub-paragraph (15) of paragraph (A) of Article No 36 of the Listing Rules.

 

The company said earlier today that Riyadh Commercial Court upheld on Nov. 3 the judgment issued on Aug. 10 in the legal case filed to end the procedure for the company's financial restructuring and starting liquidation.

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