Al Hassan Ghazi Ibrahim Shaker Group said it approved on Thursday an 80 percent capital raise from SAR 350 million to SAR 630 million through the issuance of four bonus shares for every five shares .
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Capital Raise Details |
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SAR 350 mln |
Current capital |
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35 mln shares |
Number of shares |
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80% ( 4 shares for every 5shares) |
Capital raise percentage |
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SAR 630 mln |
New capital |
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63 mln shares |
Number of Shares after raise |
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May 21, 2015 |
Record date |
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