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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 | 3.43 | -0.06 (-1.72 |
| ARTEX | 11.86 | -0.48 (-3.89 |
| FITAIHIGROUP | 3.00 | -0.07 (-2.29 |
| LAZURDE | 11.90 | 0.00 (0.00 |
| SIDC | 16.50 | -0.60 (-3.51 |
19/11/2025
As part of its continued support for the "Diraya" campaign, Gulf Bank participated in the Layali Al-Kuwait program on Kuwait TV, represented by Executive Manager of the Marketing Department, Mahdi Su
Kuwait Times
19/11/2025
Ithmaar Bank, a Bahrain-based Islamic retail bank, has appointed Amr Alshaher as Head of Corporate Banking, reporting to Assistant General Manager, Business Group, Mohammed Ali Safar.
The a
Trade Arabia
19/11/2025
Ooredoo has announced the launch of 'Office', a new solution designed to meet the communication and connectivity needs of startups, small offices, and growing businesses in Qatar. Ooredoo Office is a
Gulf Times
19/11/2025
Qatar Islamic Bank (QIB) has been recognised with three prestigious awards at The Asset Triple A Islamic Finance Awards 2025.
The bank was awarded 'Best Islamic Bank for Digital Innovation',
Gulf Times
19/11/2025
Qatar Fuel Company (WOQOD) announced that the Board of Directors has issued a resolution approving the recommendations of the Nominations Committee to open the nomination process for the election of
The Peninsula
Financial Information Co.
Saudi Arabia