Logo ofYaqeen Capital
Shareholders of Nomu-listed Yaqeen Capital will vote on a 70% capital increase through the capitalization of a portion of retained earnings via a 0.70-for-1 bonus share issuance at the extraordinary general meeting (EGM) scheduled for May 14. 
Capital Increase Details
Current Capital
SAR 150 mln
Number of Shares
15 mln
Percentage of Increase
70% (0.7 share for every share held)
Capitalization
Capitalizing SAR 105 mln from retained earnings
New Capital
SAR 255 mln
New Number of Shares
25.5 mln
Reason
To expand the company’s business, develop services and increase growth opportunities.
Record Date
May 14, 2025 (shareholders of record and those registered with Edaa on the second trading day following the record date).
In a statement to Tadawul, the company said that any fractional shares will be combined into a single portfolio for all shareholders and sold at market price.
The proceeds will then be distributed to eligible shareholders, each according to their respective ownership, within a period not exceeding 30 days from the date of determining the new shares eligible for each shareholder.
Logo ofYaqeen Capital
Shareholders of Nomu-listed Yaqeen Capital will vote on a 70% capital increase through the capitalization of a portion of retained earnings via a 0.70-for-1 bonus share issuance at the extraordinary general meeting (EGM) scheduled for May 14.
Capital Increase Details
Current Capital
SAR 150 mln
Number of Shares
15 mln
Percentage of Increase
70% (0.7 share for every share held)
Capitalization
Capitalizing SAR 105 mln from retained earnings
New Capital
SAR 255 mln
New Number of Shares
25.5 mln
Reason
To expand the company’s business, develop services and increase growth opportunities.
Record Date
May 14, 2025 (shareholders of record and those registered with Edaa on the second trading day following the record date).
In a statement to Tadawul, the company said that any fractional shares will be combined into a single portfolio for all shareholders and sold at market price.
The proceeds will then be distributed to eligible shareholders, each according to their respective ownership, within a period not exceeding 30 days from the date of determining the new shares eligible for each shareholder.
