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Sadr Logistics Co. — Capital/Financing Update 2021
Jan 18, 2021
53281_rns_2021-01-18_4df92477-b7d2-426e-9a2e-cdc1413a4d81.html
Capital/Financing Update
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Sadr Logistics Co. Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues
1832 · 18/01/2021 15:56:47 · Announcement #61684 · View on Saudi Exchange
Sadr Logistics Co. Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement by Sadr Logistics Services Co. (formerly Al-Samaani Factory for Metal Industries Co.) on 04/01/2021, corresponding to 20/05/1442, of the Board of Directors ’recommendation to increase the company's capital through the issuance of right issues. The company is pleased to announce the appointment of the financial advisor FALCOM Financial Services Co. to manage the subscription of priority rights shares according to the decision of the company's board of directors on 18/01/2021. |
| Name of Financial Advisor | FALCOM Financial Services CO. |
| Financial Advisor Appointment Date | 2021-01-18 Corresponding to 1442-06-05 |
| Additional Information | will be announced later when submitting the capital increase application file to the Capital Market Authority and when there are any future developments in this regard. |
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.