Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of important events in the upcoming week, led by the cash dividends distribution by GASCO.

On Sunday, Takween Advanced Industries will hold the last stage of its rights issue, which will end on Monday at 10:00 AM.

This comes after unsubscribed shares remained following the first and second subscription periods, which means that the remaining shares will be subscribed to through the rump offering as described in the prospectus, the company said in a previous statement.

National Gas and Industrialization Company (GASCO) will begin on Monday 17 October distributing cash dividends to shareholders for the third quarter of 2016, at SAR 0.3 per share or 3% of capital, with a total value of SAR 22.5 million.

On Tuesday 18 October, Saudi Enaya Cooperative Insurance will hold its ordinary general meeting to vote on the board’s recommendation to decrease the company’s capital by 50% from SAR 400 million to SAR 200 million.