Tadawul sets Al Khaleej Training's fluctuation limit

25/04/2018 Argaam

Al Khaleej Training and Education Co.'s fluctuation limit after its capital increase will be based on a share price of SAR 17.73, the Saudi Stock Exchange (Tadawul) said in a statement on Wednesday.

 

Separately, the Securities Depository Center (Edaa) will deposit the additional shares into the investor’s portfolios on April 29, it added.

 

The company's extraordinary general assembly on Tuesday approved a 12.5 percent capital hike to SAR 450 million from SAR 400 million through the issue of one bonus share for every eight shares held.

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