Tihama Advertising & Public Relations Co. invited shareholders to participate in a conference call to discuss details of the prospective capital hike with the financial advisor, on July 7, 2020, the company said in a bourse statement.

 

During the phone call, shareholders will discuss all capital hike related concerns, impact on the company’s business and activities, and all questions in this regard will be answered, the statement added.

 

Shareholders of Tihama are set to vote on capital hike to SAR 175 million from SAR 75 million through a SAR 100 million rights issue during the extraordinary general meeting (EGM) scheduled for July 15, according to data compiled by Argaam.

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