28.03.2011 - Saudi Investment Bank hikes capital to $1.5bln
Saudi Investment Bank said on Sunday it plans to increase its capital by 22 percent to SR5.5bn ($1.5bn) by issuing 1 free share for each 4.5 shares. "This will involve the transfer of 1 billion riyals from the leftover profits as of 31, December, 2010," the firm said in a bourse statement on Sunday...........................................Full Article: Source
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