Fesh Fash Snack Food Production Co. Announces an update on Fesh Fash snack food pro. Co. announces the Board of Directors’ recommendation to split the nominal value of the share and upgrade to the Main Stock Market (TASI)
9515 FESH FASH 0.38% 1446/01/11 17/07/2024 15:35:28
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement published on the Tadawul website on 6/4/2023 regarding the upgrade of the listing of the company’s shares from the parallel market Nomu, to the main market TASI, the company announces that after studying the necessary requirements for the upgrade by the advisors, it became clear that some of the required liquidity requirements had not been achieved, and therefore the company’s filing will not be submitted to the regulator during this year.The company will reconsider to do the upgrade process again after all requirements stipulated in the listing regulation have been met, any developments will be announced later. |
| Previous Announcement | Fesh Fash snack food pro. Co. announces the Board of Directors’ recommendation to split the nominal value of the share and upgrade to the Main Stock Market (TASI) |
| Date of Previous Announcement on Saudi Exchange’s Website | 2023-04-06 Corresponding to 1444-09-15 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | after studying the necessary requirements for the upgrade by the advisors, it became clear that some of the required liquidity requirements had not been achieved, and therefore the company’s filing will not be submitted to the regulator during this year. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N / A |
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