Logo of Sadr Logistics Co.
The Securities Depository Center Co. (Edaa) will deposit today, Dec. 6, Sadr Logistics Co.’s tradable rights into the accounts of the securities holders, according to a bourse filing.
The company’s shareholders approved increasing capital from SAR 25 million to SAR 175 million through rights issue worth SAR 150 million, during the extraordinary general assembly meeting held on Dec. 1, Argaam reported.
The subscription period and tradable rights trading starts today.
The rights trading will end on Dec. 13, while the subscription process will close on Dec. 16.
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