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Tadawul delists Bishah

Tadawul delists Bishah
(Photo Credit: Arabianeye-Reuters)

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) delisted Bishah Agriculture Development as of the end of Thursday's trades (18 May 2017).

The move came after the decision of the Capital Market Authority (CMA) regarding delisting the shares of the company for not abiding by the regulations to resolve its situation.

Accumulated losses reached SAR 71.19 million by the end of March, representing 142.4% of the company’s capital, which totals SAR 50 million.