Banan appoints Al Rajhi Capital as market maker

15/05/2024 Argaam

Banan appoints Al Rajhi Capital as market maker

Logo of Banan Real Estate Co.

Banan Real Estate Co.'s board of directors approved, on May 14, appointing Al Rajhi Capital as a market maker for its shares to support liquidity levels, the company said in a statement to Tadawul.

 

The contract term is 12 months from the effective date of the agreement, the statement added.

 

The decision is subject to the approval of the competent authorities.

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