CMA approves Almarai’s capital raise

Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) said it approved on Thursday a request by Almarai Company to increase its capital from SAR 6 billion to SAR 8 billion.

The capital raise will be effected through a bonus share distribution at 1-for-3, to shareholders of record till the close of trading on the extraordinary general meeting date. 

Mubasher Contribution Time: 28-Jan-2016 06:05 (GMT)