According to Mining News Pro -Under this license, MIDHCO can raise its current capital from 23,760 billion rials to 29 thousand billion rials.
The increase in the share of 22% of the current capital amounts to 5,240 billion Rials and is expected to be made from shareholders` claims and brought in cash.
This increase in capital is aimed at compensating for the contribution made to increasing the capital of subsidiaries.
http://www.miningnewspro.com/en/News/253028/The license was issued to raise the capital of MIDHCO