20-01-2025
Al Mahhar Holding Q.P.S.C. is pleased to announce that it has received the Qatar Financial Markets Authority’s (QFMA) non-objection for the transfer of its shares from the Venture Market to the Main Market of the Qatar Stock Exchange.
This important step follows the Company’s application submitted to the QFMA on 26 November 2024. The Company will proceed with the remaining required steps in coordination with the Qatar Stock Exchange and Qatar Central Securities Depository (Edaa) to finalize the transfer process.
The intended transfer to the Main Market reflects Al Mahhar Holding’s commitment to adhering to the highest standards of governance, transparency, and market practices. It also aims to enhance the Company’s visibility and trading liquidity, benefiting shareholders and reinforcing the Company’s position as a leader in Qatar's energy and infrastructure servicing sectors.
The transfer of the Company’s trading to the Qatar Stock Exchange Main Market remains subject to the completion of all necessary procedures with the Qatar Stock Exchange and other respective authorities. Al Mahhar Holding will continue to provide updates on the progress of the transfer at the appropriate time.
For further information, please contact:
Investor Relations
investorrelations@almahharholding.com