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Corrective announcement from Taqaddam International for Communications and Information Technology Company regarding the recommendation of the Board of Directors to increase the company's capital by issuing shares
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website | 2023-04-09 Corresponding to 1444-09-18 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | Taqaddam International for Communications and Information Technology Company announces the decision of the Board of Directors on 18 Ramadan 1444 AH corresponding to 9 April 2023 AD to approve the increase of the company's capital by capitalizing part of the retained earnings by granting one share for every three shares Number of shares granted per share: 1 share will be granted to each shareholder who owns 3 shares |
| Correct Statement | Introduction: Taqaddam International for Communications and Information Technology announces the decision of the Board of Directors on 18 Ramadan 1444 AH corresponding to 9 April 2023 AD to approve the increase of the company’s capital by capitalizing part of the retained earnings by granting one share for each number (3.571428571) shares. Number of shares granted for each share: (1) share will be granted to each shareholder who owns (3.571428571) shares. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Company Performance
Key Parameters
Last Price 4.95
Net Change -0.05 (-1.0%)
Value Traded (Sar) 137,487.37
Volume Traded 27,919
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