Tadawul sets fluctuation limit for Saudi Fisheries

17/05/2020 Argaam

The Saudi Stock Exchange (Tadawul) said that the fluctuation limits for Saudi Fisheries Co. (Alasmak) today, May 17, will be based on a share price of SAR 16.20.

 

The Securities Depository Center (Edaa) will deposit the additional shares into investor’s portfolios by June 8.

 

Saudi Fisheries Co.’s (Alasmak) shareholders approved, on May 14, the board’s recommendation to increase capital from SAR 101.1 million to SAR 400 million through a rights issue of 29.8 million.

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