Tadawul sets fluctuation limits for AICTEC after capital hike

21/08/2022 Argaam

Advance International Company for Communication and Information Technology’s (AICTEC) daily trading fluctuation limit after its capital increase will be based on a share price of SAR 111.8 as of today, Aug. 21, the Saudi Exchange (Tadawul) said in a statement.

 

Accordingly, the outstanding orders will be canceled.

 

The Securities Depository Center (Edaa) will deposit the additional shares into investor portfolios by Aug. 23.

 

Shareholders of AICTEC approved increasing the company's capital by 25% during the extraordinary general meeting held on Aug. 18.

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.