Logo ofAnaam International Holding Group
Anaam International Holding Group’s shareholders will vote on a reverse stock split, raising the nominal share value from SAR 0.50 to SAR 10, during the extraordinary general meeting (EGM) scheduled for Jan. 14. 
Details
Current Capital
SAR 315.00 mln
No. of Shares
630.00 mln
Share Par Value
SAR 0.50
Capital after Reversal
SAR 315.00 mln
No. of Shares after Reversal
31.50 mln
Par Value after Reversal
SAR 10/share
Meanwhile, the company’s capital will remain unchanged, the company said in a statement to Tadawul.
If approved, the decision will be effective for all the company’s shareholders of record on the EGM date and are registered in the company’s shareholder register with the Securities Depository Center (Edaa) at the end of the second trading day following EGM.
It added that the decision shall apply to the stock price starting from the business day following the EGM, provided that it will be implemented in relation to the share capital in shareholders’ portfolios on the second trading day following the EGM date.
Logo ofAnaam International Holding Group
Anaam International Holding Group’s shareholders will vote on a reverse stock split, raising the nominal share value from SAR 0.50 to SAR 10, during the extraordinary general meeting (EGM) scheduled for Jan. 14.
Details
Current Capital
SAR 315.00 mln
No. of Shares
630.00 mln
Share Par Value
SAR 0.50
Capital after Reversal
SAR 315.00 mln
No. of Shares after Reversal
31.50 mln
Par Value after Reversal
SAR 10/share
Meanwhile, the company’s capital will remain unchanged, the company said in a statement to Tadawul.
If approved, the decision will be effective for all the company’s shareholders of record on the EGM date and are registered in the company’s shareholder register with the Securities Depository Center (Edaa) at the end of the second trading day following EGM.
It added that the decision shall apply to the stock price starting from the business day following the EGM, provided that it will be implemented in relation to the share capital in shareholders’ portfolios on the second trading day following the EGM date.
