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ActionsThe 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.
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The Capital Market Authority approves the capital increase request Saudi Ceramic Company through the issuance of bonus shares
The CMA has issued its resolution approving Saudi Ceramic Company's request to increase its capital from SAR (800,000,000) to SAR (1,000,000,000) through issuing (1) bonus share for every (4) 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 (200,000,000) from “Retained earnings” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (80,000,000) shares to (100,000,000) shares, by an increase of (20,000,000) 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.
14/05/2024 16:50:50 -
The Capital Market Authority approves the capital increase request Riyadh Steel Company through the issuance of bonus shares
The CMA has issued its resolution approving Riyadh Steel Company's request to increase its capital from SAR (50,000,000) to SAR (70,000,000) through issuing (4) bonus shares for every (10) 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 (20,000,000) from “Retained earnings” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (5,000,000) shares to (7,000,000) shares, by an increase of (2,000,000) 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.
14/05/2024 16:49:23 -
The Capital Market Authority approves the capital increase request for Bena Steel Industries Company through the issuance of bonus shares
The CMA has issued its resolution approving Bena Steel Industries Company’s request to increase its capital from SAR (50,000,000) to SAR (60,000,000) through issuing (1) bonus share for every (5) 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 (10,000,000) from “Retained earnings” account to the Company's capital. Consequently, increasing the Company's outstanding shares from (5,000,000) shares to (6,000,000) shares, by an increase of (1,000,000) 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.
13/05/2024 19:04:45 -
CMA Approves United International Transportation Company request to increase its capital to acquire all shares of Al-Jazira Equipment Company Limited, through its subsidiary Al Jozoor Al Rasekha Trucking Co.
The CMA announces the issuance of its resolution on 05/11/1445H corresponding to 13/05/2024G approving United International Transportation Company (“the Company”) request to increase its capital from SAR (711,666,680) to SAR (781,666،680) by issuing (7,000,000) ordinary shares to acquire all shares of Al-Jazira Equipment Company Limited, through its subsidiary Al Jozoor Al Rasekha Trucking Co. Shareholder circular related to United International Transportation Company capital increase will be published within sufficient time before the Extraordinary General Assembly Meeting. The shareholder circular must include all relevant information that the shareholders need to know before making an informed decision when voting on the capital increase for the purpose described, including the increase in capital and risk factors. A voting decision without reading the shareholders circular and carefully reviewing its content may involve high risks. Therefore, the shareholder should carefully read the shareholders circular to be able to reach a proper voting decision. If the shareholders circular proves difficult to understand, it is recommended to consult with an authorized financial advisor. The CMA's approval of the Company's request to increase its capital should never be considered as an endorsement of the increase in capital for the aforementioned purpose feasibility. The CMA's approval of the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
13/05/2024 19:02:06 -
The Securities Depository Center Company (Edaa) Announces Implementing a Corporate Action on Aldrees Petroleum and Transport Services Co. Securities
The Securities Depository Center Company (Edaa) announces implementing securities quantity Increase for Aldrees Petroleum and Transport Services Co. on the Center’s Accounts of eligible securities’ holders today 29/10/1445H, corresponding to 08/05/2024G.
08/05/2024 08:57:09