The Capital Market Authority approves the capital increase request for HSBC Saudi Arabia Ltd.

HSBC Saudi Arabia Ltd. requested the approval of Capital Market Authority to increase its capital from SAR 50,000,000 to SAR 250,000,000.

 

The CMA Board of Commissioners issued today, Sunday 12/6/1432H, corresponding to 15/5/2011, its resolution to approve the Company’s request to increase its capital from SAR 50,000,000 to SAR 250,000,000.