The Saudi Stock Exchange (Tadawul) announces that the fluctuation limits for Wafrah for Industry and Development Co. will be based on a share price of SAR 34.95

Thursday, April 09, 2020 at 8:33 AM

Thu Apr 9, 2020 08:33

The Wafrah for Industry and Development Co. EGM held on Wednesday 15/08/1441H, corresponding to 08/04/2020 has approved the company’s request for a capital reduction. Thus, the fluctuation limits for Wafrah for Industry and Development Co. will be based on a share price of SAR 34.95 . Furthermore, the company will be suspended as per the Listing Rules for two business days. starting from Thursday 16/08/1441H, corresponding to 09/04/2020G, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Sunday 19/08/1441H, corresponding to 12/04/2020G.