Nama Chemicals submits capital hike file to CMA, Tadawul

11/10/2018 Argaam

 

Nama Chemicals Co. on Thursday submitted its request to increase capital through a rights issue to the Capital Market Authority (CMA) and the Saudi Stock Exchange (Tadawul), the company said in a bourse statement.

 

In July, the company’s board of directors amended its previous recommendation to raise capital by SAR 200 million instead of SAR 400 million through a rights issue, according to data available on Argaam.

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