IssuerAnnouncementDetailsV2Portlet
Nofoth Food Products Co. Announces the recommendation of the Board of Directors to divide the nominal value of the share.
Element List | Explanation |
---|---|
Announcement Detail | Nofoth Food Products Co. Announces the recommendation of the Board of Directors on 10-10-1444 AH corresponding to 30-04-2023 AD to divide the company’s shares into a lower nominal value, from a nominal value of ten-riyals (10) per share to one-riyal (1) per share, while keeping the capital of the company unchanged, so that number of shares of the company after the division becomes twenty four million (24,000,000) shares instead of Two million and four hundred thousand (2,400,000) shares, after completing all the legal procedures and obtaining the approval of the Extraordinary General Assembly. Will be announcing any material developments, if any at the time. |
Attached Documents |
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.