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Arabian Pipes Co. — Capital/Financing Update 2021
Jun 10, 2021
53309_rns_2021-06-10_cd7a8123-3143-406c-8f85-0dbc6d9efa0f.html
Capital/Financing Update
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Addendum Announcement from Arabian Pipes Co. in regards to Board's of Directors recommend to reduce company's capital and then increase company's capital by rights issue
2200 · 10/06/2021 09:39:54 · Announcement #63724 · View on Saudi Exchange
Addendum Announcement from Arabian Pipes Co. in regards to Board's of Directors recommend to reduce company's capital and then increase company's capital by rights issue
| Element List | Explanation |
|---|---|
| Introduction | Addendum Announcement from Arabian Pipes Co. in regards to Announces Board's of Directors recommend to reduce company's capital and then increase company's capital by rights issue |
| Date of Posting the Previous Announcement of Development on Tadawul's Website | 2021-06-09 Corresponding to 1442-10-28 |
| URL of the Previous Announcement | Click Here |
| Change on the Development | The eligibility to subscribe will be to the shareholders who own the shares on the day of the extraordinary general assembly which decided to increase the capital by offering rights shares and whose names appear in the company’s shareholders register at the Depository Center at the end of the second trading day following the date of the extraordinary general assembly whose date will be determined later . |
| Financial Impact on the change | There is no |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.