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Suspension of SABB and First Trading

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rocky
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Suspension of SABB and First Trading

Post by rocky on Wed 16 May 2018, 3:32 am

Suspension of SABB and First Trading






Saudi Stock Exchange (Tadawul) announced on Wednesday the suspension of the shares of First Bank and Saudi British Bank SABB at the request of the two banks. 
Tadawul said in a statement that it had suspended the circulation of the bank's first share in the market, at his request, in preparation for announcing an event, and that the stock would be re-traded when the bank announced the event. 
"The shares of the Saudi British Bank (SABB) were suspended in the market at the request of the bank in preparation for the announcement of an event, and the stock will be traded again on Wednesday," it added. 
Both First Bank and SABB decided in April last year to engage in preliminary discussions to study their merger.


http://economy-news.net/content.php?id=12329

    Current date/time is Sun 27 May 2018, 4:06 pm