Edaa deposits Saudi Paper subscribed securities into shareholders’ portfolios today

07/01/2021 Argaam

Saudi Paper Manufacturing Co. logo

The Securities Depository Center (Edaa) deposited, today, Jan. 7, 2021, the subscribed securities of Saudi Paper Manufacturing Co. (SPM) into investor portfolios.

 

SPM offered 10 million shares at SAR 10 each in a SAR 100 million rights issue, to increase capital from SAR 92 million to SAR 192 million, Argaam reported.

 

On Dec. 27, 2020, the company announced that more than 9.4 million shares were subscribed, valued at SAR 94.04 million, from the offer of 10 million new shares.

 

For More IPOs

 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read