Please wait...
GulfBase Live Support
- Gold price forecasts reach up to $3,500 amid record rally due to US-China trade war
- NESR breaks ground on 180,000 sq m facility at Saudi energy park
- Gulf Bank concludes its successful sponsorship of 'Derasati' exhibition
- NBK holds seminar for employees on 'Driving NBK into the Future'
- SRMG among LinkedIn's top 15 companies in Saudi Arabia for 2025
- US consumer sentiment plummets to second-lowest level on records
- Symbols of power: Saudi Arabia and UAE stamp their marks on global finance
- Emerson launches global LNG solutions center in Qatar
- Real estate trading volume hits QR1.277bn in March 2025
- 'QSE index resumes rise after US suspends tariffs for 90 days'
12/12/2017 20:13 AST
The CMA has issued its resolution approving Al Sorayai Trading and Industrial Group Company's request to reduce its capital from SAR (375,000,000) to SAR (225,000,000), thus reducing the number of shares from (37,500,000) shares to (22,500,000) shares. This approval is conditional on the Company's extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations.
The Company will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effect of such reduction within sufficient time prior to the Extraordinary General Assembly Meeting to enable shareholders to vote on the capital decrease.
The CMA's approval of a particular company's application to reduce its capital should never be viewed as an endorsement of the feasibility of the capital decrease. The CMA's approval of a company's application to reduce its capital mer ely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.?
Tadawul
14/01/2018
Al Sorayai Trading and Industrial Group is announcing that the Board Member Eng. Mohammed Ahmed Khalawi Mowkley (Independent Member) resigned from the membership of Board of Directors and Audit Commi
Tadawul
25/06/2015
Al Sorayai Group (ASG), one of the world's leading industrial and trading groups in carpet, flooring and furniture, announced that it has completed refurnishing Jeddah's oldest mosque, Al Shafi'i,
Saudi Gazette
18/02/2013
Al Sorayai Trading And Industrial Group Co (Al-Sorayai Group) announces the annual financial results for the period ending 31-12-2012:
1. Net profit amounted to SAR 52.6 million a
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALASEEL | 3.95 | 0.13 (3.40 |
| FITAIHIGROUP | 4.10 | 0.08 (1.99 |
| ARTEX | 13.00 | 0.48 (3.83 |
| SIDC | 25.65 | 0.67 (2.68 |
| LAZURDE | 12.30 | 0.26 (2.15 |
12/04/2025
In line with its ongoing commitment to education and youth empowerment, Gulf Bank successfully concluded its sponsorship of the fourth edition of the "Derasati" exhibition, held at the Kuwait Interna
Kuwait Times
12/04/2025
In keeping with consistent endeavors to increase employees' efficiency through the best-in-class training and development programs provided by global experts, National Bank of Kuwait (NBK) organized
Kuwait Times
12/04/2025
Riyadh-based SRMG was included in "LinkedIn's Top 15 Companies 2025: The 15 best workplaces to grow your career in Saudi Arabia," the sole media organization who made it in the prestigious list.
Arab News
11/04/2025
QNB Group, one of the largest financial institutions in the Middle East and Africa (MEA) region, posted a first quarter (Q1, 2025) net profit of QR4.3bn ($1.2bn), an increase of 3% compared to same p
Gulf Times
11/04/2025
PureHealth Holding, the largest healthcare group in the Middle East, has announced, following its Annual General Assembly (AGM), shareholder approval for its first-ever dividend distribution since li
Khaleej Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia