Logo ofNaba Alsaha Medical Services Co.
Naba Alsaha Medical Services Co.’s board of directors recommended on Aug. 12 a 100% capital increase through a 1-for-1 bonus share issue, according to a statement to Tadawul. 
Capital Increase Details
Current Capital
SAR 105 mln
Current Number of Shares
10.5 mln
Proposed Increase
100% (1-for-1 bonus share distribution)
New Capital
SAR 210 mln
New Number of Shares
21 mln
Method
Capitalizing SAR 93 mln from retained earnings balance and SAR 12 mln from reserve balance
Reason
Keeping up with the company’s growth, expanding operations, reaffirming the strength of its financial position.
Record Date
Shareholders of record and registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day after the record date
An extraordinary general meeting will be held after obtaining the necessary approvals from relevant authorities, including the Capital Market Authority (CMA), to proceed with the capital increase.
In 2023, Naba Alsaha increased its capital by 50% through the distribution of bonus shares, raising its capital from SAR 70 million to SAR 105 million, Argaam data showed.
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Logo ofNaba Alsaha Medical Services Co.
Naba Alsaha Medical Services Co.’s board of directors recommended on Aug. 12 a 100% capital increase through a 1-for-1 bonus share issue, according to a statement to Tadawul.
Capital Increase Details
Current Capital
SAR 105 mln
Current Number of Shares
10.5 mln
Proposed Increase
100% (1-for-1 bonus share distribution)
New Capital
SAR 210 mln
New Number of Shares
21 mln
Method
Capitalizing SAR 93 mln from retained earnings balance and SAR 12 mln from reserve balance
Reason
Keeping up with the company’s growth, expanding operations, reaffirming the strength of its financial position.
Record Date
Shareholders of record and registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day after the record date
An extraordinary general meeting will be held after obtaining the necessary approvals from relevant authorities, including the Capital Market Authority (CMA), to proceed with the capital increase.
In 2023, Naba Alsaha increased its capital by 50% through the distribution of bonus shares, raising its capital from SAR 70 million to SAR 105 million, Argaam data showed.
