Shams gets CMA nod on capital hike via SAR 525.7 mln rights issue
Logo ofTourism Enterprise Co. (Shams)
Tourism Enterprise Co. (Shams) obtained the approval of the Capital Market Authority (CMA) to increase its capital through a rights issue worth SAR 525.7 million, according to a statement.
CMA also said eligibility for the rights issue shares will be to shareholders of record at the Securities Depository Center (Edaa) as of the closing of the second trading day after the extraordinary general meeting (EGM…
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