Edaa implements securities quantity increase for AICTEC

23/08/2022 Argaam
Logo ofAICTEC

Logo of AICTEC

The Securities Depository Center Co. (Edaa) implemented securities quantity increase for Advance International Company for Communication and Information Technology (AICTEC) on the accounts of eligible securities’ holders, today, Aug. 23.

 

On Aug. 18, AICTEC shareholders approved the board’s recommendation to increase the company’s capital from SAR 20 million to SAR 25 million, through 25% bonus issue – one share for every four shares held, Argaam reported.

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