Thimar appointed Wasatah Capital on July 14
Thimar Development Holding Co. appointed on July 14 Wasatah Capital as financial advisor to manage its proposed rights issue as part of its plan to raise the company’s capital. 
In a statement to Tadawul, the company said it will announce when it submits the capital increase application to the Capital Market Authority (CMA) for approval.
According to Argaam‘s data, Thimar’s board of directors recommended earlier this month increasing the company’s capital by SAR 130 million through a rights issue.
Thimar appointed Wasatah Capital on July 14
Thimar Development Holding Co. appointed on July 14 Wasatah Capital as financial advisor to manage its proposed rights issue as part of its plan to raise the company’s capital.
In a statement to Tadawul, the company said it will announce when it submits the capital increase application to the Capital Market Authority (CMA) for approval.
According to Argaam‘s data, Thimar’s board of directors recommended earlier this month increasing the company’s capital by SAR 130 million through a rights issue.
