Fesh Fash board decides to postpone capital increase

06/04/2023 Argaam
Logo ofFesh Fash Snack Food Production Co.

Logo of Fesh Fash Snack Food Production Co.

Fesh Fash Snack Food Production Co.'s board decided to postpone the capital increase to allow the executive management to review all the necessary technical and financial requirements, according to a statement to Tadawul today, April 6.

 

The move is aimed at supporting the company's expansion activities for the next five years. Any developments in this regard will be announced in due course, Fesh Fash added.

 

On Nov. 3, 2022, the board of directors recommended increasing the company’s capital by 33%, through distributing one bonus share for every three shares held, according to data available with Argaam.

 

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.