TECO
4170
39.68%
0.88
0.25
4170
Riyadh-Mubasher: Saudi Arabia's Tourism Enterprises Co. (Shams) said it is still reviewing the capital raise procedures with the financial advisor Al-Istithmar Capital.
The company is also preparing for the due diligence.
Shams’ board had earlier recommended increasing capital by SAR 200 million through issuing rights issue shares at a total value of SAR 390 million.
Source:
Mubasher