Tadawul delists Sahara shares on merger with Sipchem

21/05/2019 Argaam

 

The Saudi Stock Exchange (Tadawul) has delisted Sahara Petrochemical Co.’s shares as of end of Monday, May 20, 2019.

 

Last week, Sahara’s shareholders approved the recommended share swap offer whereby Sipchem would fully acquire Sahara through the issuance of 0.8356 new Sipchem shares for every Sahara share. 

 

On Sunday, Tadawul suspended trading on shares of Sahara Petrochemical Co. as of May 19 ahead of stock delisting procedures, Argaam reported earlier.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read