The Extraordinary General Assembly of Sahara Petrochemical Company (Sahara) approved 50% capital raise (from SAR 2.93 bn to SAR 4.39 bn) through SAR 1.46 bn rights issue, in its meeting held on Tuesday November, 29, 2011.
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Capital raise details |
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SAR 2925 mn |
Current capital |
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292.5 mn shares |
Number of shares |
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50% |
Capital raise (%) |
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SAR 4388 mn |
New capital |
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438.8 mn shares |
# of Shares after raise |
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November, 29, 2011 |
Record date |
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