Logo of Anaam International Holding Group
Anaam International Holding Group will close today, June 2, the subscription process to its new shares.
The subscription process began on May 23. The company offered 21 million rights shares at SAR 10 each, to increase capital from SAR 105 million to SAR 315 million.
The rights trading period ended on May 30.
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Capital Increase Highlights |
|
|
Current capital |
SAR 105 mln |
|
Number of shares |
10.5 mln |
|
Increase percentage |
200% |
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Capital after increase |
SAR 315 mln |
|
Number of shares after increase |
31.5 mln |
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Rights Issue Highlights |
|
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Number of offered shares |
21 mln |
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Offer price |
SAR 10 |
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Issue size |
SAR 210 mln |
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Eligibility coefficient |
Two rights for every share held |
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Record date |
May 17, 2022 |
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Reason for capital increase |
To finance working capital, invest in real estate assets and acquire stakes in private firms |
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