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APIC offers $30 million for secondary subscription to its shareholders

2025-01-15

Following the decision of the board of directors BOD of the Arab Palestinian Investment Company (APIC) to increase the Company's authorized capital by $35 million, from $125 million to $160 million in the British Virgin Islands, which was disclosed on 12/01/2025 in Palestine, the BOD decided to increase the Company's subscribed capital by $30 million through a secondary public subscription for the shareholders of the company registered on the date of the specified extraordinary general assembly meeting. The BOD set the date of the extraordinary general assembly meeting to be in Palestine on 06/02/2025 for this purpose.