Logo ofArabian Contracting Services Co. (Al Arabia)
Arabian Contracting Services Co.’s (Al Arabia)shareholders approved the board’s recommendation to increase capital by 10% via a bonus issue. Al Arabia will capitalize SAR 50 million from the retained earnings and issue one bonus share for every 10 existing shares. 
The decision came during the extraordinary general meeting (EGM) held on Dec. 23, according to a statement to Tadawul.
Logo ofArabian Contracting Services Co. (Al Arabia)
Arabian Contracting Services Co.’s (Al Arabia)shareholders approved the board’s recommendation to increase capital by 10% via a bonus issue. Al Arabia will capitalize SAR 50 million from the retained earnings and issue one bonus share for every 10 existing shares.
The decision came during the extraordinary general meeting (EGM) held on Dec. 23, according to a statement to Tadawul.
