31 January 2012
Al-Ahsa Development Company announces allocation for the Initial Public Offering in Takween Advanced Industries - that recently taken place and a letter received today (31 Jan 2012) regarding the shares allocation of (492,422) shares with total value SR 12,802,920 and the IPO had been financed by own company fund and it is a part of company strategy for invest industrial sector. Takween is a related party for one of the board members of the company and it will be presented during the next General Assembly Meeting for the approval.
Al-Ahsa Development Company announces allocation for the Initial Public Offering in Takween Advanced Industries - that recently taken place and a letter received today (31 Jan 2012) regarding the shares allocation of (492,422) shares with total value SR 12,802,920 and the IPO had been financed by own company fund and it is a part of company strategy for invest industrial sector. Takween is a related party for one of the board members of the company and it will be presented during the next General Assembly Meeting for the approval.
© Tadawul 2012
