Tadawul appointed two financial advisers to two Gulf companies with a dual-offering structure in the Saudi market.
According to Arab Net, the horse said in statements to the economic newspaper: One of these companies began to work with her intensely through trading, the financial market and its consultant, and the other company in the final stages of completing its structure and taking internal approvals.
The executive president of a trading group, expected one of these Gulf companies listed on the Saudi market this year.
The Horse added that there are a large number of requests for Saudi companies, and clinics in the Saudi market are expected to form in the next 12 months, a historical level in the number of troops.
This came on the sidelines of the Saudi stock market announcement on Wednesday, which turned it into a subsistence group in preparation for submission of public off this year.
The Saudi trading group will include four subsidiaries, trading as a securities market and a clearing-up center and deposit as a depository center, specialized in innovation and technical solutions.
The horse said the structure of the company and affiliates differed, pointing out that the conversion of a trading to a holding group is part of the change, to be the task of a trading company for stock market, documents, derivatives and flashing company, innovation through the technique.
He also noted that the conversion of the Saudi Capital Market Company traded to a holding company, is to create a number of companies and processed in the new form, indicating that the Holding Company will be targeted by subtraction, including its owned companies.
On the proportion of shares for a trading group, the horse confirmed that it is an early talk of that, noting that these points will be discussed with the company's financial advisors after their appointment.
In turn, Sarah Al Suhaimi said, president of the Saudi Capital Market Board, saying the transition to a holding group comes new, greater ambition and open new horizons,
"Today, we are among the top ten financial markets in the world and the largest region, as a Saudi financial market we have made a lot of achievements.
The market accession for emerging markets constitutes a significant evidence of trading efforts, adding that our ambition and vision we become a leading financial market between global markets. The development of the Saudi financial market is urgent to ensure economic sustainability.
