09
Aug
10:23
Saudi East Pipes to increase share capital
Dammam-based East Pipes Integrated Company (EPIC)'s board of directors has recommended increasing the company’s share capital by 50% or SAR 105 million ($28 million), Kallanish notes.
"The capital hike aim, through granting bonus shares to its shareholders via capitalising SAR 105m from retained earnings, is to provide sustainable returns to shareholders, whilst supporting the company’s strategic investment plans,…
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Anonymous
Very good overview of the weekly steel market.
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