Logo of Mayar Holding Co.
Mayar Holding Co. submitted, on Dec. 6, a rights offering application to the Capital Market Authority (CMA) to raise its capital.
Any future updates will be announced in due course, the company said in a statement to Tadawul.
In October, Mayar’s board of directors recommended increasing the company’s capital through a SAR 110 million rights issue, Argaam reported.
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