Edaa deposits Ash-Sharqiyah subscribed securities for rights issue today

10/05/2023 Argaam
Logo ofAsh-Sharqiyah Development Co.

Logo of Ash-Sharqiyah Development Co.

The Securities Depository Center Co. (Edaa) announced the deposit of Ash-Sharqiyah Development Co. subscribed securities for the rights issue into the accounts of eligible shareholders today, May 10, according to a bourse filing.

 

According to data compiled by Argaam, the company’s shareholders approved a 300% capital increase through rights issue at a value of SAR 225 million.

 

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