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International Transportation cleared by CMA to raise capital

January 26, 2014

The Capital Market Authority (CMA) gave the go-ahead for United International Transportation Co. to increase its capital from SAR 305,000,000 (30,500,000 shares) to SAR 406,666,670 (40,666,667 shares) through issuing 1-for-three bonus shares. Shareholders of record till the close of trading on the general meeting date will be entitled to this distribution. The meeting date will be unveiled later on.; All Rights Reserved - Mubasher Info

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Source: Mubasher (Saudi Arabic)

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