Alinma Tokio wraps up first phase of right issue

20/08/2015 Argaam

Subscription to the first phase of Alinma Tokio Marine Co.’s rights issue to raise its capital to SAR 450 million from the current SAR 200 million is ending Thursday, August 20.

 

A total of 25 million shares were offered at SAR 10 per share to shareholders registered in the company’s books by August 4.

 

The second phase will take place starting from August 23 to August 25, and will be opened to priority rights holders. 

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