Anaam goes ex-rights today

04/03/2024 Argaam Special
Logo ofAnaam International Holding Group

Logo of Anaam International Holding Group 


Shares of Anaam International Holding Group have their ex-rights today, March 4, if the general assembly meeting convenes.

 

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The company’s board of directors earlier recommended increasing capital from SAR 315 million to SAR 551.25 million through a SAR 236.25 million rights issue.

 

The capital hike was proposed with the aim of financing working capital, reducing lending rates, and supporting the company’s future activities.

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