Publisher: Maaal International Media Company
License: 465734
Tuesday, 3 June 2025
SIDC Submits Capital Reduction Application to CMA
Saudi Industrial Development Company (SIDC) announced on Sunday that it has submitted an application to the Capital Market Authority (CMA) for approval to reduce its capital.
This action follows the Board of Directors’ recommendation, as previously disclosed on the Tadawul website, to reduce the company’s capital and subsequently increase it through a rights issue.
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