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Tabadul suspends Nakwa shares over deadline missed
Tadawul (Saudi Exchange) decided to suspend trading of Nawaqah Information Technology Company’s stock due to the company’s delay in disclosing its financial statements for the period ending June 30, 2026, within the regulatory timeframe. The decision was issued on October 1, 2026, and involved suspending the stock for one trading session to alert the company to the necessity of correcting its financial position and releasing the overdue reports before trading resumes. The stock is scheduled to resume trading for 20 sessions starting October 4, with a final deadline of October 29 for publishing the financial disclosures. If the disclosures are not made by this date, the stock will be suspended again on an ongoing basis starting in November. These measures are aimed at ensuring transparency and protecting investors, reflecting the market's commitment to governance and transparency standards.
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