IssuerAnnouncementDetailsV2Portlet
Ghida Alsultan for Fast Food Co. Announces Board of Directors recommends a stock split
Element List | Explanation |
---|---|
Announcement Detail | Ghida Al-Sultan Fast Food Company announces the recommendation of the Board of Directors to the Extraordinary General Committee of the company issued by the Board of Directors’ decision by circulation on 27-03-1445 corresponding to 12-10-2023 to split the nominal value of the stock from (10) riyals to (0.50) riyal per stock, and thus it will become The number of company stocks is (64,000,000) stocks instead of (3,200,000) stocks, while keeping the company’s capital unchanged. With the company's commitment to complete the necessary relevant procedures. Note that any developments will be announced in due course. |
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.