Saturday 20 December 2014
 
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rights issue

Ma'aden rights issue gets 93.97pc take-up

Saudi Arabian Mining Company (Ma'aden) said the take-up on its QR5.6 billion ($1.5 billion) rights issue was 93.97 per cent, with the remaining shares to be offered to institutional investors next week. Shareholders subscribed

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Ma'aden rights issue gets 93.97pc take-up

Saudi Arabian Mining Company (Ma'aden) said the take-up on its QR5.6 billion ($1.5 billion) rights issue was 93.97 per cent, with the remaining shares to be offered to institutional investors next week. Shareholders subscribed

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Maaden's $1.5bn rights issue to start Tuesday

Saudi Arabian Mining Company (Ma'aden) has announced the subscription period for its SR5.6 billion ($1.5 billion) rights issue will start on Tuesday. Shareholders can buy shares in the capital increase until December 2, the co

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Ma'aden gets approval for $1.5bn rights issue

Saudi Arabian Mining Company (Ma'aden) received approval from the kingdom's regulator to undertake a SR5.6-billion ($1.5 billion) rights issue, a stock market filing from the Capital Market Authority said. The price and nu

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LSE unveils $1.6 billion rights issue

The London Stock Exchange (LSE) Group yesterday said it would raise £938 million ($1.6 billion) in its first rights issue to part fund the acquisition of US indexes group Frank Russell. LSE will offer 74,347,813 new s

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Ma'aden appoints HSBC as advisor for rights issue

Saudi Arabian Mining Co (Ma'aden), has appointed HSBC Saudi Arabia as financial advisor for its planned 5.6 billion riyals ($1.49 billion) rights issue, the company said in a statement on Monday. Ma'aden had earlier this m

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Ma'aden appoints HSBC as advisor for rights issue

Saudi Arabian Mining Co (Ma'aden), has appointed HSBC Saudi Arabia as financial advisor for its planned 5.6 billion riyals ($1.49 billion) rights issue, the company said in a statement on Monday. Ma'aden had earlier this m

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Citadel Capital to close rights issues on April 9

Citadel Capital, a leading investment company in the Middle East and Africa, has received regulatory approvals to close its capital increase with full subscription on April 9.   The rights issue will bring the fi

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CBI seeks investor nod for $300m rights issue

Abu Dhabi-listed Commercial Bank International (CBI) said on Thursday it would convene a shareholder meeting on February 20 to get approval for a 50 percent capital increase through a rights issue. The lender, 40 percent-owned by

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Doha Insurance plans $120m rights issue

Qatar's Doha Insurance said on Monday it would seek shareholder approval next month for a capital increase worth 436.7 million riyals ($119.9 million), with the cash aimed at strengthening its ability to work at home and abroad.

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