April 29, 2026
‎SARCO recommends capital hike via SAR 300M rights issue

Logo of Saudi Arabian Refineries Co. (SARCO)

Saudi Arabian Refineries Co.’s (SARCO) board recommended a capital increase of SAR 300 million through a rights issue, representing 66.66% of the company’s current capital.

The potential capital hike is intended to support the company’s investment projects, according to a statement to Tadawul…
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