Al Tayyar Travel Group’s board of directors recommended in its meeting held on Tuesday a 33.3 percent capital raise from SAR 1,500 million to SAR 2,000 million through the issuance of bonus shares.
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Capital Raise Details |
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SAR 1500 mln |
Current capital |
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150 mln shares |
Number of shares |
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33.33% ( one share for every three shares) |
Capital raise percentage |
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SAR 2000 mln |
New capital |
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200 mln shares |
Number of Shares after raise |
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General Assembly day |
Record date |
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