First Avenue Seeks Move to Main Market TASI
Riyadh, Saudi Arabia — First Avenue for Real Estate Development Company’s board resolved on November 10, 2026, to pursue a transfer from the Parallel Market (Nomu) to the Main Market (TASI). The move signals the company’s ambition to reach a broader investor base and meet the higher listing standards that TASI demands. The transfer is […] The post First Avenue Seeks Move to Main Market TASI…
On November 10, 2026, the board of First Avenue for Real Estate Development Company decided to seek a transfer from the Parallel Market (Nomu) to the Main Market (TASI). This move aims to broaden the company's investor base and comply with the higher listing standards required by TASI. Approval from Saudi Exchange and full compliance with the Listing Rules must be obtained before the transfer can occur. The board resolution establishing this process was dated 30/05/1448H, marking the beginning of the upgrade procedure.
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