Naseej Receives CMA Approval for SAR 163.5M Rights Issue

NASEEJ

NASEEJ

1213.SA

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On June 21, 2026, Naseej International Trading Company announced that the Capital Market Authority approved its application for a capital increase through a rights offering worth 163,459,510 Saudi riyals on June 18, 2026. The company had initially submitted its application on December 30, 2025. The approval is conditional upon obtaining approval from the Extraordinary General Assembly and completing relevant regulatory procedures. The company will now proceed with publishing the prospectus and issuing notice for the extraordinary general meeting.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96235&anCat=1&cs=1213&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.