One of the branches of Lazurde

Lazurde Co. for Jewelry on Thursday, Dec. 24, 2020, submitted its request to increase capital through rights issue to the Capital Market Authority (CMA), the company said in a statement to Tadawul.

 

The company seeks to increase its share capital by SAR 145 million, to SAR 575 million, by offering through rights issue 14.5 million new ordinary shares.

 

Any updates regarding the capital increase processes will be announced in a timely manner, the statement added.

 

On Dec. 7, 2020, Lazurde’s board of directors recommended increasing the company’s capital by SAR 145 million instead of SAR 143.33 million through offering rights issue shares.

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.

Related News

Lazurde board amends capital hike recommendation to SAR 145 mln

Join Us

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