‎Buying and selling ban on Al Arabia’s founding shareholders ends on the present time

21

665

Mark of The ban on Arabian Contracting Services’ (Al Arabia)


The ban imposed on the founding shareholders of Arabian Contracting Services’ (Al Arabia) from selling shares become lifted on the present time, May per chance merely 15, six months after the inventory began purchasing and selling on the Saudi Alternate (Tadawul) on Nov. 15, 2021.

Founding shareholders – Engineer Conserving Community Co. and MBC Community Conserving Co. – weren’t allowed to promote their shares for a length of six months after itemizing. 

Now they’re going to be in a assortment to promote their shares with out the approval of the Capital Market Authority (CMA).

Main Shareholders

Shareholders

Fairness

Series of Shares (mln)

Ownership (%)

Engineer Conserving Community Co.

32.50

65.00%

MBC Community Holdings Co.

2.50

5.00%