Development Works Food goes ex-rights today

06/12/2023 Argaam Special
Tadawul trading screen

Tadawul trading screen 

Shares of Development Works Food Co. have their ex-rights today, Dec. 6, for 2023, if the general assembly meeting convenes.

 

The company’s board of directors earlier recommended increasing capital from SAR 30 million to SAR 246 million through a SAR 216 million rights issue.

 

The capital hike was proposed with the aim of supporting the company’s future plans and expansions.

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