Logo ofNaseej International Trading Co.
Naseej International Trading Co.’s board of directors, during a meeting held on Thursday, recommended increasing capital via offering rights issue shares worth SAR 163.5 million. 
In a statement to Tadawul, the company added that the reason for the capital increase is to settle financial obligations and support its future growth strategy.
The board’s recommendation is subject to the approval of the relevant regulatory authorities and Naseej’s shareholders at the EGM.
The company also noted that it will announce later the appointment of the financial advisor for the rights issue and the submission of the capital increase application file to CMA.
Eligibility for the rights shares will be to shareholders holding shares on the date of the EGM in which capital increase decision was taken, whose names so appear in the register of the issuer’s shareholders at the Securities Depository Center (Edaa) at the end of the second trading day following EGM date.
In January, 2024, the company’s shareholders rejected the board’s recommendation to increase the company’s capital through a SAR 163.5 million rights, data available with Argaam showed.
The company’s accumulated losses reached SAR 53.37 million as on June 30, 2025, or 48.98% of capital. These losses were mainly attributed to lower production and sales, which was partially offset by lowering operating expenses, along with logging gains from selling fixed assets.
Logo ofNaseej International Trading Co.
Naseej International Trading Co.’s board of directors, during a meeting held on Thursday, recommended increasing capital via offering rights issue shares worth SAR 163.5 million.
In a statement to Tadawul, the company added that the reason for the capital increase is to settle financial obligations and support its future growth strategy.
The board’s recommendation is subject to the approval of the relevant regulatory authorities and Naseej’s shareholders at the EGM.
The company also noted that it will announce later the appointment of the financial advisor for the rights issue and the submission of the capital increase application file to CMA.
Eligibility for the rights shares will be to shareholders holding shares on the date of the EGM in which capital increase decision was taken, whose names so appear in the register of the issuer’s shareholders at the Securities Depository Center (Edaa) at the end of the second trading day following EGM date.
In January, 2024, the company’s shareholders rejected the board’s recommendation to increase the company’s capital through a SAR 163.5 million rights, data available with Argaam showed.
The company’s accumulated losses reached SAR 53.37 million as on June 30, 2025, or 48.98% of capital. These losses were mainly attributed to lower production and sales, which was partially offset by lowering operating expenses, along with logging gains from selling fixed assets.
