IssuerAnnouncementDetailsV2Portlet
Knowledge Net Co Announces Regarding the approval of the Capital Market Authority for the Company’s request to increase its capital.
| Element List | Explanation |
|---|---|
| Announcement Detail | KnowledgeNet Computer Company would like to announce to its esteemed shareholders that it has received the approval of the Capital Market Authority on 02/07/1447H, corresponding to 22/12/2025G, to increase the Company’s capital from SAR (35,000,000) to SAR (52,500,000), representing an increase of (50%). This increase will be effected by granting shareholders one (1) share for every two (2) shares held by shareholders registered in the issuer’s shareholder register at the Depository Center at the end of the second trading day following the date of the General Assembly meeting, which will be determined at a later time, God willing. For further information or inquiries, please contact the Shareholder Relations Department via email: halmohimeed@kn-it.com |
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.