Announcement from the Saudi Exchange Regarding the Suspension of Trading List of companies.
Tuesday, August 15, 2023 at 8:59 AM
Due to following companies
Main Market:
• Saudi Arabia Refineries Co.
• Red Sea International Co.
• Tabuk Agricultural Development Co.
• Alkhaleej Training and Education Co.
• Saudi Fisheries Co.
noncompliance with announcing the financial statements Period Ending on 2023-06-30 during the specified period mentioned in the Rules on the Offer of Securities and Continuing Obligations
According to the Exchange’s authorities stipulated in the Listing Rules, and to the Procedures of Suspension of Listed Securities, The Saudi Exchange announces that it will perform the following:
1. Suspend the trading of companies shares on the Exchange for one trading day, dated on Tuesday 28/01/1445 H, corresponding to 15/08/2023G.
2. companies shares will resume trading for twenty trading sessions starting from Wednesday 29/01/1445 H, corresponding to 16/08/2023G, following the one-day suspension, the companies are required to announce the financial statements before the end of Tuesday 27/02/1445 H, corresponding to 12/09/2023G.
3. In case a company did not announce its financial statements during the period stated in point (2), trading of company shares will be suspended again starting from Wednesday 28/02/1445 H, corresponding to 13/09/2023G. until the company announces its financial statements.