The General “Saudi Circular Industries” generally agrees to increase the capital 5%
The General Assembly of the Saudi Circassian Industries Company approved the recommendation of the Board of Directors to increase the company’s capital by 5% by granting free shares to shareholders, to keep pace with the company’s growth, expansion and strengthen its financial position. "Saudi Arabia trading"Today, Tuesday, the total amount of the increase is 11 million riyals, bringing the capital after the increase to 231 million riyals from 220 million riyals. The number of shares after the increase becomes 23.1 million shares after it was 22 million shares. The extraordinary general assembly enrolled in the company’s shareholders’ record at the Securities Depository Center Company (the deposit center) at the end of the second trading day following the date of entitlement. The date of determining the shares owed to each shareholder.
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