Tadawul sets fluctuation limit for Anaam

28/10/2020 Argaam

Anaam International Holding Group’s daily trading fluctuation limit after its capital increase through rights issue will be based on a share price of SAR 65 as of today, Oct. 28, the Saudi Stock Exchange (Tadawul) said in a statement.

 

The outstanding orders will be canceled. Accordingly, the rights will be deposited into applicable investor’s portfolios on Nov.1, 2020.

 

In February, the company’s board of directors amended its capital hike recommendation to SAR 90 million from SAR 75 million through a rights issue.

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