Clyde & Co LLP in association with Abdulaziz Al-Bosaily Law Office has advised Saudi Hollandi Capital who served as underwriters on the issuance of SAR 87 million (approximately USD 23.2 million) rights issue shares by Anaam International Holding Group (the "Company").

The Tadawul-listed Company offered 8.7 million common shares, to raise capital by 79.82% from SAR 109 million to SAR 196 million. The Company announced in the subscription prospectus that proceeds will be used in financing the Company’s future plans.

The deal team was lead by partners Abdulaziz A. Al-Bosaily and Philip O'Riordan together with senior associate Saud Alarifi.

http://www.clydeco.com/news/articles/clyde-co-advises-saudi-hollandi-ca…