Logo ofAsas Makeen Real Estate Development and Investment Co.
Asas Makeen Real Estate Development and Investment Co. said shareholders approved increasing capital by 200% from SAR 100 million to SAR 300 million, through the issuance of bonus shares. 
The approval came during the extraordinary general meeting (EGM) held on May 21, according to a Tadawul statement.
Capital Increase Details
Current Capital
SAR 100 mln
Number of Shares
10 mln
Capital After Increase
SAR 300 mln
Number of Shares After Increase
30 mln
Increase Percentage
200% (two bonus shares for every share held)
Reason for Increase
To support the company’s growth strategy and strengthen its financial position, enabling expansion of its real estate activities and enhancing return on equity
Method of Increase
Capitalization of SAR 200 mln from retained earnings
Record Date
May 21, 2026, for shareholders registered with Edaa at the close of the second trading day following the record date
In a separate statement, Tadawul announced that the stock fluctuation limits would be calculated at SAR 26.64 today, and all outstanding orders would be cancelled. Edaa will credit the bonus shares to shareholders’ portfolios before the start of trading on June 2.
Logo ofAsas Makeen Real Estate Development and Investment Co.
Asas Makeen Real Estate Development and Investment Co. said shareholders approved increasing capital by 200% from SAR 100 million to SAR 300 million, through the issuance of bonus shares.
The approval came during the extraordinary general meeting (EGM) held on May 21, according to a Tadawul statement.
Capital Increase Details
Current Capital
SAR 100 mln
Number of Shares
10 mln
Capital After Increase
SAR 300 mln
Number of Shares After Increase
30 mln
Increase Percentage
200% (two bonus shares for every share held)
Reason for Increase
To support the company’s growth strategy and strengthen its financial position, enabling expansion of its real estate activities and enhancing return on equity
Method of Increase
Capitalization of SAR 200 mln from retained earnings
Record Date
May 21, 2026, for shareholders registered with Edaa at the close of the second trading day following the record date
In a separate statement, Tadawul announced that the stock fluctuation limits would be calculated at SAR 26.64 today, and all outstanding orders would be cancelled. Edaa will credit the bonus shares to shareholders’ portfolios before the start of trading on June 2.
