Tadawul: Sadr Logistics goes ex-rights today

01/12/2021 Argaam

Logo of Sadr Logistics Co.

Shares of Sadr Logistics Co. have their ex-rights today, Dec. 1, in case the capital increase is approved.

 

The company’s board of directors recommended a capital hike from SAR 25 million to SAR 175 million through a SAR 150 million rights issue. 

 

The capital hike is aimed to enable the company to implement its strategic and operational plans and to support the expansion of logistic services.

 

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