The Saudi Stock Exchange (Tadawul) announces that the fluctuation limits for Middle East Specialized Cables Co. will be based on a share price of SAR 12.76

Monday, November 05, 2018 at 8:18 AM

Mon Nov 5, 2018 08:18

Middle East Specialized Cables Co. EGM held on Sunday 04/11/2018 has approved the capital reduction. Thus, the fluctuation limits for Middle East Specialized Cables Co. Will be based on a share price of SAR 12.76, furthermore the company will be suspended for two business days. Starting from Monday 05/11/2018, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Tuesday 06/11/2018.