TW FB IG

Eng

No products in the cart.

Home / Human Rights / ‎Takween shareholders to vote on capital hike via SAR 300M rights issue on Feb. 13

‎Takween shareholders to vote on capital hike via SAR 300M rights issue on Feb. 13

January 23, 2024 by Lezzie 0 comments Human Rights

‎Takween shareholders to vote on capital hike via SAR 300M rights issue on Feb. 13

‎

Logo ofTakween Advanced Industries Co.

Takween Advanced Industries Co.’s shareholders are set to vote on the board of directors’ recommendation to increase the company’s capital through a SAR 300 million rights offering, during the extraordinary general meeting (EGM) to be held on Feb. 13.

Capital Hike Details

Current Capital

SAR 464.65 mln

Number of Shares

46.46 mln

New Capital

SAR 764.6 mln

New Number of Shares

76.46 mln

Percentage Increase

64.75 %

Purpose of Capital Hike