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Middle East Specialized Cables Co. (MESC) announces the board of directors' recommendation regarding the transfer of the Company’s statutory reserve to the retained earnings
2370
MESC
-1.30
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1445/12/07 13/06/2024 15:35:53
| Element List | Explanation |
|---|---|
| Announcement Detail | Middle East Specialized Cables Co. (MESC) announces the issuance of the board of directors’ recommendation on 07/ 12 /1445 corresponding to 06/06/2024 to the general assembly to approve the transfer of the Company’s entire statutory reserve to the retained earnings in the amount of 28,985,180 Saudi Riyals as in the audited financial statements dated 31/12/2023. |
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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Key Parameters
Last Price 33.46
Net Change -0.44 (-1.3%)
Value Traded (Sar) 8,200,501.2
Volume Traded 245,399
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