Tihama Advertising & Public Relations Co. has submitted a capital increase request to the Capital Market Authority (CMA), the company said in a bourse filing.

 

In March, the company’s board of directors recommended a capital increase via a SAR 100 million rights issue.

 

The capital increase, which is pending regulatory approvals, will go for financing expansions, in addition to offsetting the accumulated losses.

 

Tihama appointed Falcom Financial Services to advise on the rights issue.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request