Money and business

The general “Anam Holding” general agrees to adjust the nominal value of the share

Anam International Holding Group Company announced the results of the extraordinary general assembly meeting (the third meeting), which was held yesterday, Wednesday.
The company said in a statement on Saudi Arabia’s circulation: The results of the vote on the association’s agenda included: Approval of amending the company’s shares according to the following:
• The nominal value of the share before the amendment: (0.50) riyals.
• The nominal value of the share after the amendment: 10 riyals.
• The number of shares before the amendment: 630,000,000 shares.
• The number of shares after the amendment: 31,500,000 shares.
• There is no change in the company’s capital before and after the shares modification process.
• Date of access: In the event of approval of the item, the amendment decision will be effective to all the shareholders of the company who owned shares on the day of the extraordinary general assembly enrolled in the company’s shareholders’ record with the Securities Depository Center Company (deposit) at the end of the second trading day that follows the date of the General Assembly Unusual in which he decided to adjust the shares.
She noted the implementation of the impact of the decision on the share price starting from the day following the meeting of the association, provided that the number of shares in the shares governor is applied at the end of the second trading day following the date of the extraordinary general assembly in which he decided to amend the shares.
• Amending Article No. (6) of the company’s articles of association related to the company’s capital.
• Amending Article No. (7) of the company’s articles of association related to subscription in shares.

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