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Tadawul approves transfer of Ladan and Armah
Saudi Tadawul has approved the transfer of both "Laden Investment" and "Armaha Sports" from the Growth Market (Parallel Market) to the Main Market after they met the listing requirements. The first company's capital has been set at 500 million riyals, with 500 million shares, while the second company's capital is 328.59 million riyals, with 32.86 million shares. Trading in the shares of both companies will continue on the Parallel Market until the transfer document is published, which must be published within three trading sessions. Trading will then be suspended for no longer than five sessions to begin the transfer procedures. Investors are advised to review the published information and consult financial advisors if needed.
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