Raydan Cuisines and Restaurants Co. will start trading on Saudi Stock Exchange (Tadawul) on Thursday Nov. 21, 2019, under the Consumer Discretionary sector.

 

The daily price fluctuation limit will stand at 10% per unit, the bourse said in a statement on Tuesday.

 

Earlier this week, Tadawul approved Raydan’s request to transition its shares from the parallel market to the main market. The company is capitalized at SAR 225 million, divided into 22.5 million shares.

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