The “Facilitated Works” generality agrees to double the capital to 48 million riyals
The General Assembly of a company agreed "Facilitated works"In its meeting held yesterday, Wednesday, the recommendation of the Board of Directors to increase the company’s capital by 100% by granting free shares to shareholders, with the aim of strengthening the strategic growth plan, future expansion needs and aspirations, and emphasizing its financial trap and the strength of its financial position. "Saudi Arabia trading"Today, Thursday, the company’s capital after the increase becomes 48 million riyals compared to 24 million riyals before the increase, and the number of shares after the increase is 4.8 million shares compared to 2.4 million shares before the increase. 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. A shareholder.
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