Logo of National Metal Manufacturing and Casting Co. (Maadaniyah)
National Metal Manufacturing and Casting Co. (Maadaniyah) will pay SAR 26.3 million worth of refunds to the rights holders who did not subscribe to new shares on Jan. 12, according to a bourse filing.
The company will deposit the amount in the bank accounts of eligible rights holders who did not subscribe to new shares and are entitled to fractional shares.
According to data compiled by Argaam, shareholders approved the board of directors’ recommendation on 16.76% capital cut from SAR 281.12 million to SAR 234 million, followed by SAR 120 million capital increase through a rights issue.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}