Logo of Saudi Enaya Cooperative Insurance Co.
The Securities Depository Center Co. (Edaa) deposits today, Nov. 9, Saudi Enaya Cooperative Insurance Co.’s tradable rights into the accounts of eligible securities’ holders, according to a statement said to Tadawul.
Saudi Enaya’s shareholders approved the board of directors’ recommendation to increase capital through SAR 130 million rights issue, according to data compiled by Argaam.
The trading and subscription period of rights issue of the new shares starts on Nov. 10 and ends on Nov. 17, while the subscription period will conclude on Nov. 22.
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