ACIG, SIEC submit capital raise requests to CMA
ACIG board recommended reducing the company’s capital by 29.5%
Mubasher - 03 Jan 2021No stock data available at this time
ID | Stock Type | Currency | Exchange | Symbol |
---|---|---|---|---|
4140.SSE | Ordinary | SAR | Saudi SE | 4140 |
ACIG board recommended reducing the company’s capital by 29.5%
Mubasher - 03 Jan 2021The capital raise will support the company’s future expansion projects and help reduce its losses
Mubasher - 10 Nov 2020The transaction’s material effect will be announced at the end of 2020
Mubasher - 04 Oct 2020Increase in doubtful debts and higher general and administrative expenses
Mubasher - 25 Aug 2020The credit facility duration is 6 months
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