Logo of National Building and Marketing Co. (NBM)
Nomu-listed National Building and Marketing Co. (NBM) received a request from the Capital Market Authority (CMA) for more information on its planned capital increase via a bonus issue.
In a Tadawul filing today, Aug. 10, the company said it will submit the required details in line with regulations and will announce any further developments in due course.
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On March 29, NBM’s board approved a 150% capital hike by issuing 1.5 bonus shares for each share held, capitalizing SAR 180 million from retained earnings.
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