Saudi’s ACWA Power to Raise 7.1B Riyals via Rights Issue

Saudi’s ACWA Power to Raise 7.1B Riyals via Rights Issue

Saudi’s ACWA Power announced the company’s Board of Directors’ recommendation to increase its capital by 7.125 billion riyals through the offering of rights shares. The company said in a statement on Saudi Tadawul on Tuesday that this strategy will allow the company to consolidate its growth strategy…
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