Naseej appoints financial advisor to manage upcoming rights issue

30/10/2025 Argaam
Logo ofNaseej International Trading Co.

Logo of Naseej International Trading Co.

Naseej International Trading Co. appointed Wasatah Capital as financial advisor to manage the subscription of its forthcoming rights issue.

 

In a statement to Tadawul, the company said it will provide additional updates upon the submission of the capital increase file to the Capital Market Authority (CMA) and will duly disclose any future developments in this regard.

 

Last October, Naseej’s board of directors recommended increasing the company’s capital through a SAR 163.5 million rights offering, according to data compiled by Argaam.

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