Saudi Exchange Announces the Listing of “Gas Arabian Services Co.”

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• The Capital Market Authority Licenses Hamah Capital Company to Conduct Managing Investments and Operating Funds in the Securities Business and its Completion of the Commencements of Business Requirements

  In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Hamah Capital Company has completed the commencements of business requirements to conduct Managing Investments and Operating Funds in the Securities Business licensed as per CMA resolution dated 18/04/1446H corresponding to 21/10/2024G.

  08/05/2025 15:49:19

• Suspension the license granted to Mekyal Financial Technologies Company, and cancelation of the permission of the FinTech Experiment.

  The Board of the Capital Market Authority issued its resolution to suspend the license granted to Mekyal Financial Technologies Company to conduct Arranging activity in the securities business, based on clause (b) of Article Sixty-Two of Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H, and cancelation of the permission of the FinTech Experiment granted to Mekyal Financial Technologies Company to test Offering and Investment in Debt Instruments, for the safety of the market and the protection of investors. This comes as part of the CMA’s responsibilities to issue the necessary decisions, instructions, and procedures to implement the provisions of the Capital Market Law and its Implementing Regulations, as well as to conduct inquiries and investigations into any violations of the Law or its regulations. Based on the CMA’s ongoing supervision of Mekyal Financial Technologies Company, several matters were identified concerning the accuracy and reliability of the company’s disclosures.

  05/05/2025 08:21:32

• The Capital Market Authority Licenses Nama Ventures Capital Company to Conduct Managing Investments Activity in the Securities Business and its Completion of the Commencements of Business Requirements

  In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Nama Ventures Capital Company has completed the commencements of business requirements to conduct Managing Investments Activity in the Securities Business licensed as per CMA resolution dated 01/03/1446H corresponding to 04/09/2024G.

  04/05/2025 15:37:01

• Announcement from the Saudi Exchange Regarding the Suspension of Trading the Share of Keir International Co.

  In reference to the Saudi Exchange announcement dated on 05/10/1446 corresponding to 03/04/2025. And due to Keir International Co. non-compliance with announcing its financial statements Period ending on 2024-12-31 during the specified period. The trading of the share will be suspended again starting from Sunday 06/11/1446 corresponding to 04/05/2025 until the company announces its financial statements.

  04/05/2025 08:27:55

• The Capital Market Authority approves the capital increase request for Foods Gate Trading Company through the issuance of bonus shares

  The CMA has issued its resolution approving Foods Gate Trading Company’s request to increase its capital from SAR (21,000,000) to SAR (31,500,000) through issuing (1) bonus share for every (2) existing shares owned by the shareholders who are registered in the shareholders registry at the Security Depository Center as of the closing of the second trading day after the due date which will be determined later by the Company's board, such increase will be paid by transferring an amount of SAR (10,500,000) from “Retained earnings” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (2,100,000) shares to (3,150,000) shares, by an increase of (1,050,000) shares. The extraordinary general assembly shall be held within six months from this approval date and the Company shall satisfy all regulatory requirements and applicable laws.

  01/05/2025 16:13:53