‎Paper Home board recommends 200% capital hike via bonus issue

‎Paper Home board recommends 200% capital hike via bonus issue ‎Paper Home board recommends 200% capital hike via bonus issue

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Logo ofPaper Home Co.

Paper Home Co.’s board of directorsrecommended increasing the company’s capital by 200% through the issuance of bonus shares, during its meeting held today, April 28.
The capital increase will be implemented by capitalizing SAR 40 million from the retained earnings account, with two bonus shares to be granted for every share held.

 

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Logo ofPaper Home Co.

Paper Home Co.’s board of directorsrecommended increasing the company’s capital by 200% through the issuance of bonus shares, during its meeting held today, April 28.
The capital increase will be implemented by capitalizing SAR 40 million from the retained earnings account, with two bonus shares to be granted for every share held.
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