17 Hrs
Source:
الاقتصادية
Source: الاقتصادية
17 Hrsالاقتصادية
Source: الاقتصادية
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The Capital Market Authority has approved Saudi Cable Company’s request to increase its capital by SAR 400 million through a rights issue, subject to approval by an extraordinary general assembly. Shareholders registered as of the date of the assembly will be eligible to subscribe. The company will announce the assembly date and publish details of the offering and its mechanism at a later time. The request comes amid improving results: the company has posted a profit for the third consecutive quarter, while its revenue increased by 250% in 2025.
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