Obeikan Glass board approves transition from Nomu to TASI

28/12/2023 Argaam

Obeikan Glass board approves transition from Nomu to TASI

Logo of Obeikan Glass Co.

The board of directors of Obeikan Glass Co. approved, on Dec. 27, the transfer of the company’s shares from the Nomu-Parallel Market to the main market (TASI). 

 

The company appointed Al Rajhi Capital as financial advisor for the transition, based on the requirements of the listing rules, the company said today, Dec. 28, in a statement to Tadawul. 

 

The transfer is contingent upon the approval of Tadawul and subject to fulfilling the listing rules, the company added, noting that any relevant developments will be promptly announced later. 

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