Development Works Food moves to the main Tadawul market with 3m shares

Development Works Food moves to the main Tadawul market with 3m shares
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Updated 17 November 2021 18:08
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Development Works Food moves to the main Tadawul market with 3m shares

Development Works Food moves to the main Tadawul market with 3m shares

RIYADH: Restaurant, coffee shop and catering business Development Works Food (DWF), will move from parallel market Nomu to the main TASI market, on which it will list with a capital of SR30 million ($8 million) and 3 million shares. after approval from Tadawul. 

Tadawul reported that the trade of shares will be suspended from November18, to start the transfer procedures, and it will be announced on tjhe main market when the procedures are completed.  

DWF was founded in 2010, and most recently reported SR94.5 million in sales.