Edaa raises AMAK number of shares in investor portfolios

Logo of Almasane Alkobra Mining Co. (AMAK) 

The Securities Depository Center Co. (Edaa) increased the number of Almasane Alkobra Mining Co.’s (AMAK) shares in eligible shareholder portfolios today, Aug. 6.

 

Last week, AMAK shareholders approved raising the company’s capital by 36.36% to SAR 900 million from SAR 660 million. The capital will be raised through a bonus issue by capitalizing SAR 240 million from the SAR 508.59 million share premium, Argaam reported.

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