Filling & Packing Materials MFG. Co. (FIPCO) announces appointment of a financial advisor to manage subscription to right issues

IntroductionWith reference to FIPCO announcement published on Tadawul website on 22-07-1443 corresponding to 23-02-2022 containing the Board of Directors’ recommendation to the Extraordinary General Assembly to increase the Company’s capital through the issuance of rights issue, FIPCO is pleased to announce the appointment of a financial advisor “Wasatah Capital” to manage the subscription to Priority rights shares.
Name of Financial AdvisorWasatah Capital
Financial Advisor Appointment Date2022-02-27 Corresponding to 1443-07-26
Additional InformationAnnouncements will be made later when the capital increase request file is submitted to the Capital Market Authority and when there are any future developments in this regard.