| Introduction |
With reference to the announcement by Wafrah for Industry and Development Co. on 23-05-2021, corresponding to 11-10-1442, concerning the Board of Directors’ recommendation to increase company’s capital by offering rights issue shares, the company is pleased to announce the appointment of a financial advisor to manage the increase of the company’s capital by offering Rights issue shares |
| Name of Financial Advisor |
Aljazira Capital |
| Financial Advisor Appointment Date |
2021-07-15 Corresponding to 1442-12-05 |
| Reason for Replacing Financial Advisor |
N/A |
| Additional Information |
The company will announce when submitting the capital increase application file to the Capital Market Authority and whenever there are any future developments in this regards. |
