Second phase of Takween's rights issue ends today

Riyadh – Mubasher: Tadawul announced Tuesday that the second phase of Takween Advanced Industries' rights issue will end today, according to a bourse filing on Tuesday.  

The first subscription period extended from 27 September to 6 October, while the second period is taking place during 9-11 October.

Earlier, ordinary general meeting on 21 September has agreed on raising the capital by 171.4% or SAR 600 million to SAR 950 million from SAR 350 million.

Mubasher Contribution Time: 11-Oct-2016 06:05 (GMT)
Mubasher Last Update Time: 11-Oct-2016 06:05 (GMT)