Bank Aljazira has said it will resubmit its capital raise request by way of rights issue to the Capital Market Authority (CMA), the bank said in a statement.
The bank has already appointed NCB Capital as a financial adviser for its upcoming SAR 3 billion rights issue.
Last July, Aljazira’s board submitted a proposal for the capital increase, but later withdrew it in December due to market conditions, Argaam reported.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}