ADX announces listing of Sawaeed Holding shares on its second market

  • Date: 25-Oct-2020
  • Source: Saudi Gazette
  • Sector:Financial Markets
  • Country:UAE
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ADX announces listing of Sawaeed Holding shares on its second market

ABU DHABI — Abu Dhabi Securities Exchange (ADX) announced that Sawaeed Holding has listed its shares on the ADX Second Market, under the symbol SAWAEED, and trading begins on the shares Sunday. The company's nominal value of share capital is AED51.1 million, with each share having a nominal value of AED1. This is the fourth listing on ADX in 2020.Founded in 2006 by professionals initially specializing in the provision of employment services, Sawaeed has grown into a multi-faceted organization and has employed nearly 28,000 people. Since its incorporation, it has also diversified into investments,