Al Sorayai appoints new financial adviser

10/03/2019 Argaam

 

Al Sorayai Trading and Industrial Group Co. has appointed Aljazira Capital to advice on the company’s proposed capital hike, the company said in a bourse filing.

 

In May, Al Sorayai’s board of directors recommended a 100 percent capital hike to SAR 450 million from SAR 225 million through a rights issue.

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