#Latest news with #bonusissueArgaam2 days agoBusinessArgaamEdaa implements securities increase on Arabian PipesThe Securities Depository Center Co. (Edaa) announced implementing securities quantity increase for Arabian Pipes Co. (APC) on the accounts of eligible shareholders today, June 12. According to data available with Argaam, APC shareholders recently approved the board's recommendation to increase capital from SAR 150 million to SAR 200 million via a 3-to-1 bonus issue. The process will be financed through capitalizing SAR 50 million from the retained earnings.
Argaam2 days agoBusinessArgaamEdaa implements securities increase on Arabian PipesThe Securities Depository Center Co. (Edaa) announced implementing securities quantity increase for Arabian Pipes Co. (APC) on the accounts of eligible shareholders today, June 12. According to data available with Argaam, APC shareholders recently approved the board's recommendation to increase capital from SAR 150 million to SAR 200 million via a 3-to-1 bonus issue. The process will be financed through capitalizing SAR 50 million from the retained earnings.