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Thimar Development Names Financial Adviser for Rights Issue

MT Newswires·07/15/2026 01:24:53
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01:24 AM EDT, 07/15/2026 (MT Newswires) -- Thimar Development Holding Co. (SASE:4160) appointed Al Wasatah Al Maliah Co. as the financial adviser to manage subscriptions under its rights issue. The rights issue is intended to increase the agricultural products company's capital by 130 million Saudi riyals, according to a Wednesday release.