Logo ofNaseej International Trading Co.
Naseej International Trading Co. announced today, Sep. 8, the end of its rights trading period as it seeks to increase its capital from SAR 108.97 million to SAR 272.43 million. 
The company’s rights trading and subscription period began on Sep. 1, with the subscription period set to continue until Sep. 13.
Eligible rights holders may exercise their subscription rights, either in full or in part, to subscribe to the new shares within the number of rights available in their portfolios.
Key Capital Increase Details
Current capital
SAR 108.97 mln
Current shares
10.90 mln
Capital increase
150%
Capital after increase
SAR 272.43 mln
Shares after increase
27.24 mln
Key Rights Issue Details
Shares offered
16.35 mln
Offer price
SAR 10 per share
Issue size
SAR 163.46 mln
Rights ratio
Each eligible shareholder will receive 1.5 rights for every share held
Record date
Aug. 26, 2026, for shareholders registered with Edaa at the end of the second trading day following theEGM
Rights trading period
Sep. 1–8, 2026
Subscription period
Sep. 1–13, 2026
Purpose
To enable the company to settle financial obligations and support its future growth strategy
Use of proceeds (SAR mln)
Repayment and settlement of bank loans
83.72
Payment of suppliers and accrued expenses
18.19
Development of workers’ housing
15.00
Investment in the real estate sector
35.00
Offering costs
11.55
Total
163.46
Additional Information
Financial advisor and underwriter
Wasatah Capital
Lead manager
Musharaka Capital
Logo ofNaseej International Trading Co.
Naseej International Trading Co. announced today, Sep. 8, the end of its rights trading period as it seeks to increase its capital from SAR 108.97 million to SAR 272.43 million.
The company’s rights trading and subscription period began on Sep. 1, with the subscription period set to continue until Sep. 13.
Eligible rights holders may exercise their subscription rights, either in full or in part, to subscribe to the new shares within the number of rights available in their portfolios.
Key Capital Increase Details
Current capital
SAR 108.97 mln
Current shares
10.90 mln
Capital increase
150%
Capital after increase
SAR 272.43 mln
Shares after increase
27.24 mln
Key Rights Issue Details
Shares offered
16.35 mln
Offer price
SAR 10 per share
Issue size
SAR 163.46 mln
Rights ratio
Each eligible shareholder will receive 1.5 rights for every share held
Record date
Aug. 26, 2026, for shareholders registered with Edaa at the end of the second trading day following theEGM
Rights trading period
Sep. 1–8, 2026
Subscription period
Sep. 1–13, 2026
Purpose
To enable the company to settle financial obligations and support its future growth strategy
Use of proceeds (SAR mln)
Repayment and settlement of bank loans
83.72
Payment of suppliers and accrued expenses
18.19
Development of workers’ housing
15.00
Investment in the real estate sector
35.00
Offering costs
11.55
Total
163.46
Additional Information
Financial advisor and underwriter
Wasatah Capital
Lead manager
Musharaka Capital
