Saudi Paper to start rights trading, new shares subscription on Oct. 23

20/10/2022 Argaam
Logo of Saudi Paper Manufacturing Co.

Logo of Saudi Paper Manufacturing Co.

Saudi Paper Manufacturing Co. (SPM) said the rights trading period and subscription to the new shares will begin on Oct. 23, according to the Saudi Exchange (Tadawul).

 

Saudi Paper said the rights trading will close on Oct. 30, while the subscription to the new shares will end on Nov. 2.

 

According to data available with Argaam, Saudi Paper shareholders approved on Oct. 17 the board of directors' recommendation on capital increase through a SAR 145 million rights issue.

 

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.