AMAC: Al Rajhi Capital will conduct market-making activities for shares starting Sunday

Almasane Alkobra Mining Company (AMAK) announced on Sunday to its esteemed shareholders the approval of Al Rajhi Capital’s appointment to conduct market-making activities on Thursday, February 15, 2024. It was elucidated that Al Rajhi Capital will be undertaking market-making activities in accordance with the Market-Making Regulations and Procedures, starting from February 18, 2024. It was further highlighted that the appointment would be effective for six months from the date of the agreement, with the possibility of an extension.

This announcement is in reference to Almasane Alkobra Mining Company’s previous disclosure dated January 18, 2024 AD, regarding the appointment of Al Rajhi Capital as the Market Maker for the company’s shares, aimed at bolstering liquidity in share trading.

This comes with reference to the announcement of Almasane Alkobra Mining Company (AMAK) dated 18/01/2024 AD regarding the appointing of Al Rajhi Capital as Market Maker for the company shares, to support the liquidity in shares trading.