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Saudi Fisheries Co Seeks Regulatory Nod for Capital Increase

MT Newswires·07/03/2025 03:59:46
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03:59 AM EDT, 07/03/2025 (MT Newswires) -- Saudi Fisheries Co (SASE:6050) filed a request with Saudi Arabia's Capital Market Authority to increase its capital to 401.9 million Saudi riyals. The process will be conducted through a 334.9 million-riyal rights issue, according to a Thursday release. The fishing company's board previously proposed the capital increase in February.