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‎CMA approves Raoom’s capital hike to SAR 125M via bonus shares

‎CMA approves Raoom’s capital hike to SAR 125M via bonus shares

Logo ofRaoom Trading Co.

The Capital Market Authority (CMA) approved Raoom Trading Co.’s application to increase its capital from SAR 62.5 million to SAR 125 million, the market regulator said in a statement today, March 10.

The capital hike will be carried out through the issuance of one bonus share for every share held by shareholders registered with the Securities Depository Center (Edaa) by the close of the second trading day after the record date…

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