Riyadh – Mubasher: Advance International Company for Communication and Information Technology will start the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Thursday, 6 January.

The stock will trade with daily and static price fluctuation limits of +/- 30% and +/- 10%, respectively, according to a bourse statement.

Advance International Communication will be trading and listed under the symbol 9524.

The company has offered 400,000 existing shares, representing 20% of its capital. The price range for the offering was set between SAR 95 and SAR 110 per share.