The Saudi Cable Company will submit a capital increase application file by issuing priority rights to the Capital Market Authority
Company announced Saudi Cables, in a disclosure via “Saudi Tadawul” website Today, we announced the appointment of Albilad Capital Company as a financial advisor to manage the subscription to increase the group’s capital by 400 million riyals through the offering of priority rights shares.
Also Read: Goldman Sachs rules out increasing OPEC+ production
The Saudi Cable Company will announce the submission of the capital increase application file by issuing priority rights to the Capital Market Authority at the time and any other announcements related to any fundamental developments in this regard in accordance with the requirements, regulations and rules of the Capital Market Authority and the Saudi Stock Exchange (Tadawul).
