‎CMA OKs Riyadh Development’s capital hike to acquire 2 assets

‎CMA OKs Riyadh Development’s capital hike to acquire 2 assets ‎CMA OKs Riyadh Development’s capital hike to acquire 2 assets

​‎

Logo ofRiyadh Development Co.

The Capital Market Authority (CMA)gave today, Jan. 7, the greenlight to Riyadh Development Co.’sapplication to raiseits capital from SAR 1.78billion to SAR 2.34billion.

Advertisement

Thedeveloper will issue 56.15 million shares to facilitate theacquisition of two real estate assets owned byRemat Al-Riyadh Development Co.

 

Logo ofRiyadh Development Co.

The Capital Market Authority (CMA)gave today, Jan. 7, the greenlight to Riyadh Development Co.’sapplication to raiseits capital from SAR 1.78billion to SAR 2.34billion.

Thedeveloper will issue 56.15 million shares to facilitate theacquisition of two real estate assets owned byRemat Al-Riyadh Development Co.
Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement