Arab Sea hires advisor for its planned Tadawul move

28/04/2019 Argaam

 

Nomu-listed Arab Sea Information Systems Co. (Arab Sea) signed an agreement with KASB Capital to provide advisory services on its planned move to the main Saudi Stock Exchange (Tadawul), the IT firm said in a bourse statement.

 

The value of the deal was not disclosed.

 

The one-year contract has no related parties, and is not expected to have any financial impact on the firm’s results.

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