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
0.19% 53.90 0.10
ALAMAN
ALAMAN
1.44% 49.30 0.70

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.