‎Mulkia Investment’s board proposes 20% capital increase via bonus issue

‎Mulkia Investment’s board proposes 20% capital increase via bonus issue ‎Mulkia Investment’s board proposes 20% capital increase via bonus issue

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Logo ofMulkia Investment Co.

Mulkia InvestmentCo.’s board of directors recommended, in its meeting held on March 12, a 20 % capital increase via a bonus issue—one bonus share for every five existing shares, as follows:

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Capital Increase Details

Current Capital

SAR 65 mln

Current Number of Shares

6.5 mln

Nominal Value / Share

SAR 10

Capital Increase (%)

20% (One bonus shares for each five existing shares)

Method

Capitalizing SAR 13 million from retained earnings

New Capital

SAR 78 mln

Number of Shares

7.8 mln

Reason

Enhancing financial solvency in line with its future aspirations, implementing growth plans and maximizing shareholder returns.

Eligibility

Shareholders of record on the general meeting, which will be determined later, and those registered withEdaa by the end of the second trading day after the general meeting date

 

Logo ofMulkia Investment Co.

Mulkia InvestmentCo.’s board of directors recommended, in its meeting held on March 12, a 20 % capital increase via a bonus issue—one bonus share for every five existing shares, as follows:

Capital Increase Details

Current Capital

SAR 65 mln

Current Number of Shares

6.5 mln

Nominal Value / Share

SAR 10

Capital Increase (%)

20% (One bonus shares for each five existing shares)

Method

Capitalizing SAR 13 million from retained earnings

New Capital

SAR 78 mln

Number of Shares

7.8 mln

Reason

Enhancing financial solvency in line with its future aspirations, implementing growth plans and maximizing shareholder returns.

Eligibility

Shareholders of record on the general meeting, which will be determined later, and those registered withEdaa by the end of the second trading day after the general meeting date

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