Mubasher: The equity ownership movement of the companies listed on the Saudi Stock Exchange (Tadawul) showed two significant changes in both Makkah Construction and Development and Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO).
Abdul Rahman Abdel Kader Fakieh for Development raised its stake in Makkah Construction to 5.16% from 0.08%, according to Tadawul’s latest equity data.
In SPIMACO, Amin Mohamed Amin Shakir raised its stake to 12.07% from 11.94%.