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KN&P advises Anaam Group on SAR 236.25M Capital Boost.

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Posted: 12th April 2024
Courtney Evans
Last updated 25th November 2024
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Anaam International holding group announces its capital increase through a SAR 236.25 million rights offering. They are offering SAR 551.25 million shares at SAR 0.50 each to increase the SAR 315 million to SAR 551.25 million.

‘Anaam Holding is a publicly listed company with activities in several sectors that historically covered: Livestock, Agriculture, Frozen food wholesale, and Third-party logistics upon company formation.’

KN&P provided legal counsel to Anaam International Holding Group which included conducting a thorough legal due diligence review of documents and records whilst identifying any potential risks affecting the rights issue. The KN&P team was led by Mohamed Alnafea, Khalid Nassar and Hanadi Jamjoom.

 

www.knp.legal

 

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About the Author

Courtney Evans
Courtney studied English Literature and Creative Writing at University and is the Editorial Assistant for Lawyer Monthly, Finance Monthly and CEO Today writing articles for all three publications. Courtney is an experienced writer who enjoys researching for the articles. When she’s not working, Courtney can be found planning her next budget friendly trip and trying to tick off new experiences on her ever-growing bucket list.
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