The Saudi Capital Market Authority (CMA) has granted approval to Bupa Arabia's request for a capital increase. The latter will go from 1.2 billion SAR (319.55 million USD) to 1.5 billion SAR (399.44 million USD). The operation will be carried out through the issuance of bonus shares.
The capital increase remains subject to the approval of the company's shareholders.
Read also | Bupa Arabia: H1 2022 results [4]
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-194-october-2022
[4] https://www.atlas-mag.net/en/category/pays/arabie-saoudite/bupa-arabia-h1-2022-results