Al-Khodari files capital top-up application to CMA

Riyadh-Mubasher: Abdullah A. M. Al-Khodari Sons Co. said it submitted on Tuesday its capital increase application to the Capital Markets Authority (CMA), according to a bourse statement posted on Tuesday.

The company plans to raise its capital through a SAR 500 million rights issue, and has appointed GIB Capital as the financial advisor for the process.

Mubasher Contribution Time: 15-Sep-2015 06:05 (GMT)