Ash-Sharqiyah rights issue 86.28% covered
Logo ofAsh-Sharqiyah Development
Ash-Sharqiyah Development Co.announced that its rights issue was 86.28% covered, with 19.41 million out of 22.5 million offered shares subscribed, according to a Tadawul statement.
The offering proceeds reached SAR 194.12 million.
The offering period for unsubscribed shares amounting to 3.09 million will start at 10:00 am…
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