Saudi Cable Co. Announces the Submission of the Increase of the Company’s Capital by Offering Right Issues Application File to CMA
| Element List | Explanation |
|---|---|
| Date of Submitting the Application File to CMA | 2019-08-06 Corresponding to 1440-12-05 |
| Application Subject | With reference to the announcement of Saudi Cable Company on 11/08/1440H corresponding to 16/04/2019G regarding recommendation by Board of Directors to increase Company’s capital to 250 million Saudi Riyal through rights issue subject to the approval of the Concerned Authorities and the Extraordinary General Assembly, whereas; FALCOM Financial Services has been appointed as a Financial Advisor for the Offering.
Saudi Cable Company announces today, Tuesday 05/12/1440H, corresponding to 06/08/2019, the submission of request file for approval by Saudi Capital Market Authority to increase Company’s capital; while the company will announce any forthcoming updates in this regard, if any. |
| Date of Announcing Board Recommendation to Increase the Company's Capital on Tadawul's Website | 2019-04-16 Corresponding to 1440-08-11 |
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