Ash-sharqiyah names financial advisor for rights issue

01/02/2021 Argaam

Logo of Ash-Sharqiyah Development

Ash-Sharqiyah Development Co. appointed Alkhair Capital as financial advisor for its upcoming rights issue, the company said in a bourse statement.

 

In December 2020, Ash-Sharqiyah board of directors recommended to increase capital by SAR 225 million through a rights issue, Argaam reported.

 

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