Jan 08 2006 |
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Capital Market Authority Approves Aseer Capital Increase
ASIR -- Aseer Trading, Tourism and Manufacturing Company recently announced that the Capital Market Authority (CMA) has approved its request for increasing its capital from SR625 million to SR812.5 million by offering three free shares for every ten shares owned by registered shareholders. An announcement will be made at the general assembly meeting soon in coordination with the Ministry of Commerce, after the necessary procedures have been completed.© Arab News 2006
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