Web Content Viewer
ActionsThe Securities Depository Center (Edaa) Announces Implementing a Corporate Action on Saudi Advanced Industries Co. Securities
The Securities Depository Center Company (Edaa) announces implementing securities quantity Increase for Saudi Advanced Industries Co. on the Center’s Accounts of eligible securities’ holders today 08/07/1444H, corresponding to 30/01/2023G.
Back to Market NewsRelated News
-
The Capital Market Authority approves Al Sagr Cooperative Insurance Company’s request to increase its capital by way of Rights Issue
The CMA has announced its resolution approving Al Sagr Cooperative Insurance Company's request to increase its capital by way of rights issue valued at SAR (160,000,000). The increase will be limited to 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 extraordinary general assembly meeting, which will be determined by the Company’s board of directors at a later date. The offering price and the number of shares offered for subscription will be determined by the Company after market closing of the same day in which the extraordinary general assembly meeting is to be held. After reviewing the Company’s application in light of the governing regulatory requirements, and the quantitative and qualitative criteria applicable to all companies requesting a capital increase, the CMA has issued its resolution approving Al Sagr Cooperative Insurance Company's capital increase request highlighted above. The rights issue prospectus will be posted and made available to the public at a later time. An investment decision based on the Company’s board recommendation to increase its capital or the CMA’s approval without carefully reading the rights issue prospectus or fully reviewing its content may involve high risk. Therefore, investors should carefully read the prospectus, which contains detailed information on the Company, the offering and risk factors. Thus, providing investors the ability to evaluate the viability of investing in the offering, taking into considerations the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to any investment decision. The CMA’s approval of the prospectus should never be considered as a recommendation to participate in the offer nor invest in the Company's shares. The CMA’s approval of the prospectus merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.
24/04/2024 09:10:17 -
The Saudi Exchange announces the adjustments to SSO and SSF contracts of Alinma Bank due to the capital increase for the underlying
In reference to Alinma Bank announcement on Tuesday 02/04/2024G of increasing its capital via bonus share.  The Saudi Exchange announces the adjustment to SSO and SSF contracts of Alinma Bank due to the capital increase for the underlying as the following: •   Single Stock Options of Alinma Bank: The contract code, Strick price, and contract size for Single Stock Options contracts of Alinma Bank will be adjusted on Wednesday, 24/04/2024G, 15/10/1445, for more information, click here. •   Single Stock Futures of Alinma Bank: The contract code, reference price, and contract size for Single Stock Futures contracts of Alinma Bank will be adjusted on Wednesday, 24/04/2024G. 15/10/1445, For more information, click here.
24/04/2024 08:45:20 -
The Saudi Exchange announces that the fluctuation limits for Alinma Bank will be based on a share price of SAR 33.60
Alinma Bank. EGM held on Tuesday 23/04/2024G has approved the capital increase via bonus shares. Thus, the fluctuation limits on Wednesday 24/04/2024G for Alinma Bank. will be based on a share price of SAR 33.60 and the outstanding orders will be canceled. Furthermore, the Securities Depository Center (Edaa) will deposit the additional shares into the investor’s portfolios by Sunday 28/04/2023G.
24/04/2024 08:24:29 -
The Permission of the FinTech Experiment granted to FinTech Thuluthain Company to test Robo-Advisory , and its completion of the commencement of business requirements.
Based on the Capital Market Law issued by Royal Decree No. (M/30) dated 06/02/1424 AH, its implementing regulations, and the Financial Technology Experimental Permit instructions issued by the Board of the Capital Market Authority, The Capital Market Authority announces that FinTech Thuluthain Company has completed the commencement of business requirements to experiment the Financial Technology permit in relation to test Robo-Advisory pursuant to the decision of CMA's Board of Directors dated 26/12/2022G. Â
22/04/2024 15:52:26 -
The Securities Depository Center Company (Edaa) Announces Implementing a Corporate Action on Edarat Communication and Information Technology Co. Securities
The Securities Depository Center Company (Edaa) announces implementing securities quantity Increase for Edarat Communication and Information Technology Co. on the Center’s Accounts of eligible securities’ holders today 12/10/1445H, corresponding to 21/04/2024G.
21/04/2024 08:23:12