Logo ofMunawla Cargo Co.
Shareholders of Munawla Cargo Co. approved a 50% increase in the company’s capital through the issuance of bonus shares during the extraordinary general meeting (EGM) held on Nov. 5, according to a Tadawul statement. 
The increase will be financed by capitalizing SAR 10 million from retained earnings, with one bonus share granted for every two shares held.
Capital Increase Highlights
Current Capital
SAR 20 mln
Number of Shares
2 mln
Percentage of Capital Increase
50% (1-for-2)
Method
Capitalizing SAR 10 million from retained earnings
New Capital
SAR 30 mln
New Number of Shares
3 mln
Reason
Strengthening the company’s strategic growth plan and future expansion needs, as well as reaffirming its financial solvency and financial position.
Record Date
Nov. 5, 2025. (Shareholders registered at Edaa by the end of the second trading day after the record date)
Fractional shares, if any, will be collected in a single portfolio to be sold at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum from the date of determining each shareholder’s eligible shares, the statement said.
Shareholders also approved an amendment to the policies and standards governing the remuneration of the board of directors, its subcommittees, and the executive management.
Logo ofMunawla Cargo Co.
Shareholders of Munawla Cargo Co. approved a 50% increase in the company’s capital through the issuance of bonus shares during the extraordinary general meeting (EGM) held on Nov. 5, according to a Tadawul statement.
The increase will be financed by capitalizing SAR 10 million from retained earnings, with one bonus share granted for every two shares held.
Capital Increase Highlights
Current Capital
SAR 20 mln
Number of Shares
2 mln
Percentage of Capital Increase
50% (1-for-2)
Method
Capitalizing SAR 10 million from retained earnings
New Capital
SAR 30 mln
New Number of Shares
3 mln
Reason
Strengthening the company’s strategic growth plan and future expansion needs, as well as reaffirming its financial solvency and financial position.
Record Date
Nov. 5, 2025. (Shareholders registered at Edaa by the end of the second trading day after the record date)
Fractional shares, if any, will be collected in a single portfolio to be sold at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum from the date of determining each shareholder’s eligible shares, the statement said.
Shareholders also approved an amendment to the policies and standards governing the remuneration of the board of directors, its subcommittees, and the executive management.
