PHOTO
Riyadh – The extraordinary general meeting (EGM) of the Saudi Chemical Company approved to raise the firm’s capital through bonus shares.
The fluctuation limits, therefore, will be set based on a share price of SAR 24.48 on Wednesday, 19/1/1441 H or 18 September 2019.
Moreover, the newly granted shares will be deposited by the Securities Depository Center (Edaa) into the investors’ portfolio by Sunday, 22 September, according to a disclosure to the Saudi Stock Exchange (Tadawul) on Wednesday.
The said decisions were taken during the EGM’s meeting held on 17 September 2019.
Source: Mubasher
All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
