Riyadh – Mubasher: The Capital Market Authority (CMA) announced that it will the application received from Metlife, American International Group & Arab National Bank Cooperative Insurance Company to increase its share capital through rights issue will be presented to the CMA's board within two weeks from the date of announcement.
As of the date of this announcement, the CMA does not have any filed capital increase applications through rights issue offering except for the above mentioned application, said the regulator.
Saudi regulator to consider Metlife rights issue request
Mubasher Contribution Time: 11-Jan-2016 13:17
(GMT)
