The proposed restructuring will lower the nominal value per share to SAR 5.052 from SAR 10
Naseej International Trading Co. said its board of directors recommended on Nov. 5 a 49.48% capital reduction from SAR 272.43 million to SAR 137.62 million to fully offset accumulated losses of SAR 134.81 million, according to the preliminary financial statements for the period ended Sept. 30, 2026. 
In a statement to Tadawul, the company said the reduction will be carried out by lowering the nominal value per share from SAR 10 to SAR 5.052, without changing the number of shares, as detailed below:
Capital Reduction Details
Current Capital
SAR 272.43 mln
Number of Shares
27.24 mln
New Capital
SAR 137.62 mln
Number of Shares
27.24 mln
Reduction (%)
49.48%
Reasons
Reducing the nominal value per ordinary share from SAR 10 to SAR 5.052, without changing the number of shares.
Method
Reducing the nominal value per ordinary share from SAR 10 to SAR 5.052, without changing the number of shares
Date of Reduction
At the end of the second trading day following the EGM at which the capital reduction is approved.
The company indicated that the capital reduction will have no material impact on its liabilities, operations, or financial, operational or regulatory performance.
The capital cut remains subject to approvals from the Capital Market Authority (CMA) and shareholders at the EGM.
The board also appointed Estidamah Business Financial Co. (Estidamah Capital) as financial advisor for the process.
Naseej will announce the submission of its capital reduction application to the CMA for approval.
The proposed restructuring will lower the nominal value per share to SAR 5.052 from SAR 10
Naseej International Trading Co. said its board of directors recommended on Nov. 5 a 49.48% capital reduction from SAR 272.43 million to SAR 137.62 million to fully offset accumulated losses of SAR 134.81 million, according to the preliminary financial statements for the period ended Sept. 30, 2026.
In a statement to Tadawul, the company said the reduction will be carried out by lowering the nominal value per share from SAR 10 to SAR 5.052, without changing the number of shares, as detailed below:
Capital Reduction Details
Current Capital
SAR 272.43 mln
Number of Shares
27.24 mln
New Capital
SAR 137.62 mln
Number of Shares
27.24 mln
Reduction (%)
49.48%
Reasons
Reducing the nominal value per ordinary share from SAR 10 to SAR 5.052, without changing the number of shares.
Method
Reducing the nominal value per ordinary share from SAR 10 to SAR 5.052, without changing the number of shares
Date of Reduction
At the end of the second trading day following the EGM at which the capital reduction is approved.
The company indicated that the capital reduction will have no material impact on its liabilities, operations, or financial, operational or regulatory performance.
The capital cut remains subject to approvals from the Capital Market Authority (CMA) and shareholders at the EGM.
The board also appointed Estidamah Business Financial Co. (Estidamah Capital) as financial advisor for the process.
Naseej will announce the submission of its capital reduction application to the CMA for approval.
