Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) approved for both Thob Al Aseel Company and Abdullah Saad Mohammed Abo Moati for Bookstores Co. to transfer their shares to the main Tadawul All-Share Index (TASI) from the Parallel Market, NOMU.

The transfer for Thob Al Aseel will be executed with a capital worth SAR 300 million and 30 million shares, while for Abo Moati will be with SAR 200 million worth of capital and 20 million shares.

Therefore, trading on the two stocks will be halted as of Tuesday, 5 November, to complete the transfer procedures for a period not more than five business days, according to a bourse statement on Monday.

The bourse will announce the start date of listing the companies’ shares in due course once all procedures are complete.