Edaa deposits Al Akaria’s subscribed securities today

23/06/2022 Argaam
Logo ofSaudi Real Estate Co. (Al Akaria)

Logo of Saudi Real Estate Co. (Al Akaria)

The Securities Depository Center Co. (Edaa) deposited today, June 23, the subscribed securities of Saudi Real Estate Co. (Al Akaria) in the accounts of eligible shareholders, according to a bourse filing.

 

Al Akaria recently offered 135 million rights issue, at SAR 11.80 per share, with a total value of SAR 1.593 billion to increase its capital from SAR 2.4 billion to SAR 3.75 billion, Argaam reported.

 

The rights issue was 94.27% covered, with subscription to 127.26 million shares out of 135 million. The rump offering was 1,238% oversubscribed.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.