‎Naseej EGM to vote on capital hike via rights issue on July 22

‎Naseej EGM to vote on capital hike via rights issue on July 22 ‎Naseej EGM to vote on capital hike via rights issue on July 22

​‎

Logo of Naseej International Trading Co.

Naseej International Trading Co.‘s shareholders will vote on the board’s recommendation to increase capital through a SAR 163.5 million rights offering, during an extraordinary general meeting to be held on July 22, the company said in a statement to Tadawul.

Advertisement

Capital Hike Details

Current Capital

SAR 108.97 mln

Number of Shares

10.9 mln

Percentage of Increase

150%

New Capital

SAR 272.43 mln

New Number of Shares

27.24 mln

Reason

To enable settling financial dues and supporting future growth

Record Date

July 22, 2026 (Shareholders registered with the Security Depository Center (Edaa) as of the close of the second trading day after the EGM).

According to Argaam‘s data, the company’s shareholders, in January 2024, rejected the proposal to increase capital through a SAR 163.5 million rights issue.

 

Logo of Naseej International Trading Co.

Naseej International Trading Co.‘s shareholders will vote on the board’s recommendation to increase capital through a SAR 163.5 million rights offering, during an extraordinary general meeting to be held on July 22, the company said in a statement to Tadawul.

Capital Hike Details

Current Capital

SAR 108.97 mln

Number of Shares

10.9 mln

Percentage of Increase

150%

New Capital

SAR 272.43 mln

New Number of Shares

27.24 mln

Reason

To enable settling financial dues and supporting future growth

Record Date

July 22, 2026 (Shareholders registered with the Security Depository Center (Edaa) as of the close of the second trading day after the EGM).

According to Argaam‘s data, the company’s shareholders, in January 2024, rejected the proposal to increase capital through a SAR 163.5 million rights issue.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement