10/11/2020
In cooperation with the Saudi Stock Exchange Company (Tadawul)
Direct insertion in the workshop on Asharqia Chamber
Today, Tuesday, November 10, 2020, the Asharqia Chamber, in cooperation with the Saudi Stock Exchange (Tadawul), is organizing a remote workshop on a direct listing in the financial market "Nomu", in which the Head of the General Administration for Listing - The Capital Market Company will lecture. Saudi Arabia (Tadawul), Nayef bin Saleh Al-Athel, and managed by a member of the Financial Committee of the Asharqia Chamber, Ibrahim bin Fahd Al-Assaf.
The workshop will discuss the importance, benefits, and requirements of a direct listing, and its role in speeding up procedures, which would enable companies to sell the required minimum liquidity in the financial market within a period not exceeding 12 months from the date of listing, in addition to addressing the most prominent changes in the financial market during the period. Coming.
It should be noted that direct listing is an option for companies that wish to enjoy the benefits of the IPO without going through the traditional IPO process. This stage shortens many of the recognized initial offering stages, thus reducing a lot of time, money, and effort in the listing process in the financial market.
