09:59 AM EDT, 10/01/2026 (MT Newswires) -- Thimar Development Holding (SASE:4160) filed an application with Saudi Arabia's Capital Market Authority to increase its share capital by 130 million Saudi riyals through a rights issue, according to a Thursday filing. The agricultural products company said it will provide updates in due course. The proposed capital raise aims to support Thimar's financial restructuring plan, improve its liquidity, satisfy its obligations, and fund potential investments.

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