Capital increase

  • Moroccan Oil Refiner Samir Gets Backing for Key Capital Increase

    Moroccan Oil Refiner Samir Gets Backing for Key Capital Increase

    Monday, 19th October 2015
    Moroccan oil refiner Samir said it has won the backing of its extraordinary general assembly for a capital increase of $1.04b in an effort to end the company's financial difficulties.
  • Morocco Oil Refiner Plans Capital Increase to End Crisis

    Morocco Oil Refiner Plans Capital Increase to End Crisis

    Sunday, 13th September 2015
    Morocco oil refiner Samir informed it was planning a capital increase of $1.04b in an effort to end the company's financial difficulties. As Morocco's only refinery, its closure would make the country entirely reliant on imports and could also impact Moroccan banks exposed to Samir's debt.