Approval of the request of “sincerity” to increase the capital to 300 million riyals

The Capital Market Authority agreed to the request of the Saudi Industrial Development Company "sincerity" Increasing its capital from 135 million riyals to 300 million riyals. "Saudi Arabia trading"The increase in capital will be by offering priority rights shares, an increase of 165 million riyals, and the increase in the number of shares from 13.5 million shares to 30 million shares at a rate of 1.222 shares for each owned shares. />
must be the right to shareholders registered in the company’s shareholders’ record at the Securities Deposit Center Company (deposit) at the end of the second trading day following the date of the extraordinary general assembly that agrees to increase capital by offering priority rights shares that will be announced at a later time.

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