Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the suspension of trading on Al Tayyar Travel Group Holding starting from Monday.
This decision was based on Al Tayyar Travel’s request ahead of announcing an event, according to Tadawul’s statement on Monday.
Tt is noteworthy that the travel group’s extraordinary general meeting (EGM) will be held on 14 April to discuss raising its capital by 43% through bonus shares.
On Sunday, the Saudi Capital Market Authority (CMA) has approved Al Tayyar Travel’s request to raise its capital to SAR 3 billion from SAR 2.096 billion.
Al Tayyar Travel’s stock fell 1.3% to close Sunday’s trading session at SAR 26.05.