Securities House, Al Aman boards approve merger

Securities House, Al Aman boards approve merger
Securities House has purchased about 249,400 shares of Al Aman’s (Photo Credit: Arabianeye-Reuters)
SECH
SECH
-0.39% 51.10 -0.20
ALAMAN
ALAMAN
-5.60% 47.20 -2.80

Mubasher: The Securities House said that the board members agreed on the merger with Al Aman Investment, according to a bourse statement issued on Wednesday.

On 28 November, Al Aman said that The Securities House has purchased about 249,400 shares of Al Aman’s; 0.13% of the issued capital.

In another bourse filing, al Aman said that its board approved the merger with the company.

 

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