Saudi cement manufacturer Yamama has unveiled plans to increase its capital by 50% through a bonus share issue, Reuters has reported. The firm will increase its capital to SR2.025bn ($540m) from SR1.35bn, Yamama said. "Such increase will be paid by transferring an amount of SR675m from additional reserve to the company s capital, " it added. Source: uaecement.com
Source:
http://www.uaecement.com/newsDetail.aspx?id=422
