CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Al Meera completes rights issue

Published: 24 Mar 2013 - 01:13 am | Last Updated: 03 Feb 2022 - 08:58 am

DOHA: Al Meera Consumer Goods Company (QSC) announced yesterday that it has successfully completed the process to increase the company’s capital by 100 percent by issuing 10m new shares for its existing shareholders registered on Qatar Exchange. 

The rights shares were issued at the price of QR95 per share (QR10 nominal value plus QR85 premium). The excess shares available for allocation have been allocated to subscribers on a pro rata basis in proportion to the number of shares they have subscribed for.The Peninsula