Nama Chemicals shareholders to vote on capital hike on March 4

10/02/2019 Argaam

Nama Chemicals Co.’s shareholders are set to vote on a proposed capital hike of SAR 200 million through rights issue, on March 4, 2019, the company said in a bourse statement.

 

 The step aims to finance producing specialized chemical products and increasing the capacity of intermediate products plants.

 

Shareholders will also vote on amending the company’s bylaws.

 

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