Al Khodari gets nod for 2nd capital hike

 

Riyadh – Mubasher: The Capital Market Authority (CMA) has approved a capital increase for Abdullah Abdul Mohsen Al Khodari Sons from SAR 531.25 million to SAR 557.8 million through a bonus share issuance of one share for every 20 shares.

This is the second capital hike for Al Khodari since the company’s listing on the Saudi Stock Exchange (Tadawul) in 2012, according to Mubasher data.

The company’s ordinary general meeting (OGM) approved on 9 May 2012 a capital hike of 25% from SAR 425 million to SAR 531.25 million.

Mubasher Contribution Time: 28-Apr-2016 15:29 (GMT)
Mubasher Last Update Time: 28-Apr-2016 15:29 (GMT)