Muscat, Muscat Securities Market (MSM) today

launched the electronic listing service for closed companies as part of

its continuous efforts in the automation of services to be presented

through a single portal and in line with government efforts to expand

the scope of online services.

Badr bin Hamoud al- Hinai, Director of Operations at Muscat

Securities Market, said: “The idea of adding the electronic listing

service to the closed companies is to improve and facilitate the

mechanism of submitting and delivering the required documents for

the listing and capital change processes, where the application can be

submitted through MSM website in an easy and clear steps.

Al-Hinai said in a statement that the electronic listing of closed

companies, which will keep the companies benefiting from the service

in constant contact with the market, came in order to provide the best

services, explaining at the same time that the service will be linked to

three internal bodies in the market, namely the Department of

Operations and the Department of Finance and archives section.

As for the registration mechanism of the electronic listing service for

closed companies, al-Hinai explained that the registration process is

done through the Muscat Securities Market website

Source: Oman News Agency