Addendum announcement from the Saudi Paper Industry Company regarding its previous announcement of the Board of Directors' recommendation to increase the company's capital through a rights issue
|Introduction|| The Saudi Paper Manufacturing Company would like to announce the latest developments that include the company's announcement on (Tadawul) website on 18/10/2021 regarding the Board of Directors' recommendation to increase the company's capital through a rights issue.
The company has appointed Al-Anma Investment Company as the financial advisor for the offering.
|Date of Posting the Previous Announcement of Development on Tadawul's Website||2021-10-18 Corresponding to 1443-03-12|
|URL of the Previous Announcement||Click Here|
|Change on the Development||Appointment of the financial advisor / Alinma Investment Company|
|Financial Impact on the change||Not applicable|
|Additional Information||The company will announce when submitting the file for request the company's capital increase by offering rights shares to the Capital Market Authority at the time, and any future developments that required to be be announced when it's available.|