TECO
4170
1.06%
0.95
0.01
4170
Tourism Enterprise Co. (Shams) said it is still reviewing the capital increase requirements with financial advisor Al-Istithmar Capital.
The Tadawul-listed company added that it is still preparing for the due diligence.
The board had earlier recommended increasing capital by SAR 200 million through issuing rights issue shares at a total value of SAR 390 million.
The Tadawul-listed company added that it is still preparing for the due diligence.
The 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