Nama Chemicals EGM approved capital reduction

14/05/2017 09:52 AST

Nama Chemicals Co. EGM held on Thursday 11/05/2017 has approved the capital reduction. Thus, the fluctuation limits on Sunday 14/05/2017 for Nama Chemicals Co. will be based on a share price of SAR 20.87, furthermore the company will be suspended for two business days. Starting from Sunday 14/05/2017, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors' portfolios, lifting the suspension of trading will be end of Monday 15/05/2017.


Tadawul

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CMA approved Nama Chemicals' request to reduce its capital

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The CMA has issued its resolution approving Nama Chemicals Company's request to reduce its capital from SAR (1,285,200,000) to SAR (235,200,000), thus reducing the number of shares from (128,520,000)

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NAMA appoints financial advisor to manage right issues

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Nama Chemicals Co. has assigned Aljazira Capital on 06-08-2016 as financial advisor to manage the offering rights issue.

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Nama Group launches second 'Wiyakum' project

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