Edaa deposits Al Sorayai shares into investors’ portfolios

27/01/2020 Argaam

The Securities Depository Center (Edaa) deposited today Jan. 27 Al Sorayai Trading and Industrial Group’s subscribed shares into investors’ portfolios, according to a bourse statement to Tadawul.

 

On Jan. 23, Al Sorayai said subscription to new shares and the rights trading will start on Jan. 27.

 

Rights trading will end on Feb. 3, and subscription to the new shares will close on Feb. 6.

 

Al Sorayai shareholders approved, during the extraordinary general assembly held on Jan. 22, a capital hike to SAR 178.160 million from SAR 65.500 million, through rights issue worth SAR 112.660 million.

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