RIYADH – Saudi Arabian Fertilisers Company (Safco) plans to raise its capital by 33.3 percent through a bonus share issue, the firm said in a bourse statement Tuesday. Saudi Arabia's second-largest chemical company, a unit of Saudi Basic Industries Corporation (Sabic), has also proposed a SR6 dividend for the first half of 2012, it said in the statement. The share issue will raise Safco's share capital to SR3.3 billion ($879.95 million) from SR2.5 billion by distributing one bonus share for every three shares held, the company said. – SG
