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06/03/2014 17:50 AST
The CMA Board has issued its resolution approving Saudi Paper Manufacturing Company's request to increase its capital from SAR (375,000,000) to SAR (450,000,000) through issuing one bonus share for every (5) existing shares owned by the shareholders who are registered in the shareholders registry at the closing of trading on the day of the extraordinary general assembly. Such increase will be paid by transferring an amount of SAR (75,000,000) from the "Retained Earnings" account to the company's capital. Consequently, increasing the company's outstanding shares from (37,500,000) shares to (45,000,000) shares, by an increase of (7,500,000) shares. The bonus shares eligibility is limited to the shareholders who are registered in the shareholders registry at the close of trading on the day of the extraordinary general assembly, which will be determined later by the Company's board, and should be held within six months from the approval date. This approval is conditional on the Company satisfying the regulatory requirements of Companies Law and any other applicable laws.
Press Release
04/11/2014
Saudi Paper Manufacturing Company (SPMC) today announced that it is initiating the largest Cloud computing project in MENA paper industry history.
The project will also mark the company ou
Press Release
18/02/2014
Saudi Paper Manufacturing Co. announces that the Board of directors on his meeting 17-02-2014 has recommended to extraordinary general assembly meeting to increase the company's capital through bonus
Tadawul
21/04/2013
Saudi Paper Manufacturing Company - SPM has announced the interim consolidated financial results for the period ended March 31, 2013:
1. The net income for the first quarter ended March 31
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 61.60 | -0.60 (-0.97 |
| SABIC | 55.50 | -0.25 (-0.45 |
| SABICAGRINUTRIENTS | 117.00 | 0.00 (0.00 |
| LIMEINDUSTRIES | 12.16 | 0.11 (0.91 |
| APICO | 36.92 | -0.08 (-0.22 |
26/11/2025
AI is driving generational opportunity across every industry, society, and economy - but at the crux of this global transformation is the crucial relationship between AI and energy, Aramco's Executiv
Arab News
26/11/2025
Efsim Facilities Management Company, a leading provider of integrated facilities management (IFM) services across the Kingdom of Saudi Arabia, today (November 25) announced its intention to proceed w
Trade Arabia
26/11/2025
GFH Partners, a Dubai International Financial Center (DIFC) headquartered investment manager and the global real estate investment arm of GFH Financial Group, has acquired a majority stake in Devmark
Trade Arabia
25/11/2025
Taqa Energy Services, a subsidiary of Abu Dhabi National Energy Company (Taqa), has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement one of the emirate's largest bu
Trade Arabia
25/11/2025
Saudi Real Estate Company (Al Akaria) has announced the signing of a framework agreement with Expo 2030 Riyadh Company to execute the early works for the Expo 2030 Riyadh project.
The contra
Trade Arabia
Financial Information Co.
Saudi Arabia