Tadawul Announces The New Framework Of "Companies Whose Shares Are Listed In The Exchange With Accumulated Losses Reaching 20% Or More Of Its Capital"

Reference to the CMA Board resolution regarding the Procedures and Instructions related to Listed Companies with Accumulated Losses reaching %20 or more of its Share Capital mandated to be applicable on 25/07/1438H corresponding to 22/04/2017, the Saudi Stock Exchange (Tadawul) will implement the new mechanism of Listed Companies with Accumulated Losses reaching %20 or more of its Share Capital according to the referenced regulations starting from 22/04/2017.