Tadawul announces start of Sadr Logistics’ rights trading from tomorrow

05/12/2021 Argaam

The Saudi Exchange (Tadawul) announced today, Nov. 28, the start of subscription period and tradable rights trading for Sadr Logistics Co. from Dec. 6.

 

The rights trading will end on Dec. 13, while the subscription process will close on Dec. 16, it added.

 

The company’s shareholders approved increasing capital from SAR 25 million to SAR 175 million through rights issue worth SAR 150 million, during the extraordinary general assembly meeting held on Dec. 1, Argaam reported.

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