Approval of the Capital Market Authority to put Al-Qahtani Company shares up for auction
27 September 2018

The Capital Market Authority announces the issuance of the Authority’s Board decision approving the request of Saud Hizam Al-Qahtani Public and International Auctions Company to offer (780,000) shares, representing (39%) of its shares. The offering will be limited to the categories of qualified investors stipulated in the list of terms used in the regulations and rules of the Capital Market Authority, and the prospectus will be published sufficiently before the start date of the offering. Musharaka Financial Company is working as an advisor for offering the company’s shares in the parallel market