• Adjust FV to SAR39/share on the issuance of 20% bonus shares We adjust our fair value (FV) for Advanced Petrochemical Company to SAR39/share from SAR47/share to incorporate a 20% bonus share issuance. The company’s paid-in capital will increase to SAR1,967.94mn from SAR1,639.95mn, while the number of shares will increase from 163.995mn to 196.794mn.
Yousef Husseini
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