Al Baha Saudi Arabia Company announced the results of the offering and allotment of rights shares, as the coverage rate reached 568.7% at the end of the offering period. About 1.26 million Al Baha shares were sold, and the average share price is 18.85 Saudi riyals. Thus, the total proceeds from the sale of unsubscribed shares amounted to approximately 23.8 million Saudi riyals.
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The company also indicated that the net amount of compensation attributed to owners of priority rights amounts to 11.19 million Saudi riyals. The company will deposit the shares into the shareholders' accounts respectively.
Learn about the shares of the following companies:
Al-Rajhi
Alhokair
SABIC
Chemanol
Announcement of the results of the Al Baha share offering
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- הצטרף: 11 מרץ 2022, 22:49