Thimar submits request to CMA for capital increase by offering rights issues of SAR 150 million

Thimar Development Holding company informed its shareholders that it has submitted the application file to increase the capital via a rights issue offering amounting to SAR 150 million to the CMA on 07.07.2023

With reference to Thimar Development Holding company announcement on 09.04.2019 regarding the board of directors’ recommendation to a capital increase through rights issue and modifications dated on the announcement.