Logo of Al-Modawat Specialized Medical Co.
Shares of Nomu-listed Al-Modawat Specialized Medical Co. trades ex-bonus today, Oct. 26, provided that the general meeting takes place today. 
The company’s board of directors recommended raising capital from SAR 23.75 million to SAR 71.25 million by issuing two bonus shares for every share held, through the capitalization of SAR 47.5 million from the share premium.
The capital increase is intended to support its strategic growth plan, finance future expansions, achieve its objectives, and reinforce its financial position.
Logo of Al-Modawat Specialized Medical Co.
Shares of Nomu-listed Al-Modawat Specialized Medical Co. trades ex-bonus today, Oct. 26, provided that the general meeting takes place today.
The company’s board of directors recommended raising capital from SAR 23.75 million to SAR 71.25 million by issuing two bonus shares for every share held, through the capitalization of SAR 47.5 million from the share premium.
The capital increase is intended to support its strategic growth plan, finance future expansions, achieve its objectives, and reinforce its financial position.
