Publisher: Maaal International Media Company
License: 465734
Mohammed Hassan Al-Naqool Sons’ company announced appointment of Falcom, as the financial advisor, to manage its priority rights shares’ subscription.
The step falls in line with the decision of the company’s board of directors, on 11-17-2021.
Al-Naqool also indicated that it will announce furthermore details, later on, regarding any developments, in this respect.
Noteworthy, that Al-Naqool has a request for increasing its capital, filed with the Capital Market (CMA).