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Banan Real Estate Co. Announces the approval of the Board of Directors to transfer to the main market and appointment the financial advisor.


Element List Explanation
Announcement Detail Banan Real Estate Company announces the decision of its Board of Directors on 16/12/1444 AH corresponding to 04/07/2023, which includes the approval of the company's transfer from the parallel market (Nomu) to the main market, and appointment AlDukheil Financial Group as a financial advisor for the purpose of transition, based on the requirements of the updated listing rules And amended by Resolution No. (1-108-2022), corresponding to 19/10/2022.    Note that the transition to the main market is subject to the approval of the Saudi Financial Market and is conditional on fulfilling all the requirements stipulated in the listing rules, and any developments related to this matter will be announced later.