Saudi Indian Company for Cooperative Insurance (Wafa) launched on Sunday the second stage of its rights issue, which will continue to April 28.
 
Registered shareholders and investors who bought rights during the first stage are allowed to exercise their rights during this phase. Rights, however, cannot be traded during this stage. 
 
The first stage of the rights issue took place from April 14 to April 23, according to data available on Argaam.
 
IPO

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