Saudi Fisheries Receives CMA Approval for SAR 335M Rights Issue

SFICO

SFICO

6050.SA

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On April 30, 2026, Saudi Fisheries Co. announced that the Capital Market Authority (CMA) approved on April 29, 2026, the company's application to increase its capital by SAR 334,930,200 through a rights issue offering. The approval follows the Board of Directors' recommendation from February 9, 2025, and the initial application submission to CMA on July 2, 2025. The capital increase is conditional upon approval from an Extraordinary General Assembly and completion of all regulatory procedures, with the company set to publish a rights issue prospectus and convene the shareholder meeting.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94803&anCat=1&cs=6050&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.

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