AJA Pharma to raise capital to finance new plant

22/01/2018 Argaam

 

Saudi Chemical Co. will increase capital of its subsidiary AJA Pharmaceutical Industries Co. by 138 percent from SAR 63 million to SAR 150 million.

 

The capital increase will go towards financing the construction of the AJA pharmaceuticals plant in Hail, Saudi Chemical said in a bourse statement on Monday.

 

AJA is 95 percent-owned by SCC and five percent indirectly owned by SCC’s subsidiary Chemical Company for Commercial Investment Ltd.

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.