Nama Chemicals’ board cancels capital hike recommendation

Riyadh – Mubasher:  The board of directors of Nama Chemicals Company has cancelled a previous recommendation to raise the company’s capital by SAR 200 million.

The Saudi-based firm noted that the proposal was cancelled as the plan proved to be infeasible, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Monday.

Mubasher Contribution Time: 26-Aug-2019 09:36 (GMT)
Mubasher Last Update Time: 26-Aug-2019 09:36 (GMT)