Announcement from Saudi Exchange Regarding the Delisting of National Petrochemical Co. Shares.

Related News

• Change the name of KASB Capital Group

  Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority (CMA) announces that KASB Capital Group notified the CMA of its name change to Value Capital Company.

  29/04/2024 15:44:15

• The Securities Depository Center Company (Edaa) Announces Implementing a Corporate Action on Bank Aljazira Securities

  The Securities Depository Center Company (Edaa) announces implementing securities quantity Increase for Bank Aljazira, on the Center’s Accounts of eligible securities’ holders today  20/10/1445H, corresponding to 29/04/2024G.

  29/04/2024 08:28:42

• The Saudi Exchange announces that the fluctuation limits for Saudi Paper Manufacturing Co. will be based on a share price of SAR 71.00

  Saudi Paper Manufacturing Co. EGM held on Thursday 25/04/2024G has approved the capital increase via bonus shares. Thus, the fluctuation limits on Sunday 28/04/2024G for Saudi Paper Manufacturing Co. will be based on a share price of SAR 71.00 and the outstanding orders will be canceled. Furthermore, the Securities Depository Center (Edaa) will deposit the additional shares into the investor’s portfolios by Tuesday 30/04/2024G.

  28/04/2024 08:34:44

• The Securities Depository Center Company (Edaa) Announces Implementing a Corporate Action on Alinma Bank Securities

  The Securities Depository Center Company (Edaa) announces implementing securities quantity Increase for Alinma Bank, on the Center’s Accounts of eligible securities’ holders today 19/10/1445H, corresponding to 28/04/2024G.

  28/04/2024 08:08:51

• The Capital Market Authority Approves Thimar Development Holding Company’s Request to Reduce its Capital

  The CMA has issued its resolution approving Thimar Development Holding Company’s request to reduce its capital from SAR (250,000,000) to SAR (65,000,000), thus reducing the number of shares from (25,000,000) shares to (6,500,000) shares. This approval is conditional on the Company’s extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations. The Company will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effect of such reduction within sufficient time prior to the Extraordinary General Assembly Meeting to enable shareholders to vote on the capital decrease. The CMA’s approval of a particular company’s application to reduce its capital should never be viewed as an endorsement of the feasibility of the capital decrease. The CMA’s approval of a company’s application to reduce its capital merely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.

  25/04/2024 16:47:08