Tadawul to start Al-Baha subscription period, tradable rights trading tomorrow

27/02/2022 Argaam

Logo of Al-Baha Investment and Development Co.

The Saudi Exchange (Tadawul) announced today, Feb. 27, that the subscription period and tradable rights trading for Al-Baha Investment and Development Co. will start tomorrow, Feb. 28.

 

The rights trading will end on March 7, while the subscription process will close on March 10.

 

Al-Baha shareholders approved the board of directors’ recommendation to increase capital via a SAR 120 million rights issue, Argaam reported.

 

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