Anaam applies for capital hike via rights issue

18/07/2023 Argaam

Anaam applies for capital hike via rights issue

Logo of Anaam International Holding Group

Anaam International Holding Group submitted, on July 17, a file to the Capital Market Authority (CMA) requesting approval to increase the company's capital by offering priority rights shares worth SAR 236.25 million.

 

Anaam stressed that any material developments in this regard will be announced in due course, according to a Tadawul statement.

 

In May, the company’s board of directors modified the recommendation to increase capital via a rights issue from SAR 157.5 million to SAR 236.25.

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