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07/12/2014 20:25 AST
The CMA Board has issued its resolution approving Saudi Advanced Industries Company's (SAIC) request to increase its capital from SAR (432,000,000) to SAR (500,000,000) through issuing one bonus share for every (6.35) 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 (68,000,000) from the "Premium Reserve" account to the Company's capital. Consequently, increasing the Company's outstanding shares from (43,200,000) shares to (50,000,000) shares, by an increase of (6,800,000) 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.
Tadawul
23/04/2014
Appending to the announcement on Tadawul website on 21-4-2014 regarding the sale agreement for all its shares in NPS Bahrain for Oil and Gas Wells Services Company, SAIC explained that the mentioned
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| OSOUL | 217.00 | -9.00 (-3.99 |
| BAYANINV | 63.40 | -0.40 (-0.63 |
| GFC | 247.00 | 3.00 (1.22 |
| KINGDOM | 7.96 | 0.06 (0.75 |
| TADAWULGROUP | 170.00 | 1.90 (1.13 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia