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2026-08-06T15:24:28.183Z

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Al-Asmak releases prospectus for prioritized shares

Al-Asmak releases prospectus for prioritized shares

The Saudi Fish Company has announced its intention to issue rights shares worth 334.9 million riyals, increasing its capital by 500% from 67 million riyals to 401.9 million riyals. This offering aims to finance the company's investment and operational plans, which include building an integrated date factory, settling financial obligations, and supporting working capital. The subscription and trading period will begin three days after the extraordinary general assembly's approval, which will be held on September 2, 2026. The subscription period will continue until its end on the ninth day from the start of the period.

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