Edaa deposits SIECO subscribed shares today

16/06/2022 Argaam

Logo of Saudi Industrial Export Co. (SIECO)

The Securities Depository Center Co. (Edaa) announced depositing the subscribed shares of Saudi Industrial Export Co. (SIECO) into the accounts of eligible shareholders, today, June 16, according to a bourse filing.

 

In May, SIECO shareholders approved increasing capital from SAR 21.6 million to SAR 194.4 million through a SAR 172.8 million rights issue, during an extraordinary general meeting (EGM) held on May 11, Argaam reported.

 

The rights issue was 89.34% covered.

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