CMA clears OMR5m rights issue of National Pharmaceuticals

24/12/2017 06:18 AST

National Pharmaceutical Industries Company plans to raise its capital by OMR5 million by way of a rights issue. The company has received approval from the Capital Market Authority (CMA) for the rights issue and accordingly, 50 million shares will be issued to the existing shareholders at a price of 102 baisas per share.

The board of directors of the company approved a proposal to raise of the company's capital from OMR5 million to OMR10 million.

The CMA approved the rights issue prospectus based on the request of the company's management and in compliance with all the requirements of the issue.


Times of Oman

Most Viewed Companies

Ticker Price Volume

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
ALMUTAHED 0.00 0.00 (0.00%)
ALMAL 0.00 0.00 (0.00%)
ALAMAN 0.00 0.00 (0.00%)
MASSALEH 0.00 0.00 (0.00%)
INVESTORS 0.00 0.00 (0.00%)

Recent News

Gulf Bank announces a new internal Employee Financial Wellbeing Initiative

23/06/2026

As the most rewarding bank in Kuwait and the bank closest to the community, Gulf Bank continues to extend this commitment from its customers and the wider community to its own employees. In line with

Gulf Times

NBK achieves milestone as first GCC bank to obtain 4 ISO certifications across HR functions

23/06/2026

National Bank of Kuwait (NBK) announced a major milestone with the Group Human Resources Department obtaining four internationally recognized ISO certifications, reflecting the Bank's steadfast commi

Kuwait Times

Zain Shabab Club lands on V-Thru

23/06/2026

Zain Kuwait on June 22 announced its latest partnership with V-Thru, Kuwait's leading virtual drive-thru platform, to launch the Zain Shabab Club, an exclusive club within the V-Thru app dedicated to

Kuwait Times

e& UAE unveils strategic blueprint for autonomous networks in AI era

23/06/2026

Leading UAE telecom services company e& has partnered with TM Forum to jointly release a new white paper titled 'The Path to Full Autonomy: e& UAE's Strategic Blueprint for Network Transformation in

Trade Arabia

Knowledge Economic City showcases $6.3bn Madinah vision at FHS 2026

23/06/2026

Knowledge Economic City (KEC), the publicly listed master developer leading Madinah's urban transformation, announced its participation as Strategic Partner at Future Hospitality Summit (FHS) Saudi A

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap