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