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Announcement from the Saudi Exchange Regarding the Suspension of Trading List of companies.
Due to following companies
Main Market:
• Development Works Food Co.
• Saudi Industrial Export Co.
• Nayifat Finance Co.
noncompliance with announcing the financial statements Period Ending on 2024-06-30 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 Monday 08/02/1446 H, corresponding to 12/08/2024.
2. Companies shares will resume trading for twenty trading sessions starting from Tuesday 09/02/1446 H, corresponding to 13/08/2024, following the one-day suspension, the companies are required to announce the financial statements before the end of Monday 06/03/1446 H, corresponding to 09/09/2024.
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 Tuesday 07/03/1446 H, corresponding to 10/09/2024. until the company announces its financial statements.