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27/02/2014 16:12 AST
The CMA Board has issued its resolution approving Saudi Pharmaceutical Industry and Medical Appliances Corporation's request to increase its capital from SAR (784,375,000) to SAR (1,200,000,000) through issuing (9) bonus shares for every (17) 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 (395,591,525) from the Retained Earnings account and SAR (20,033,475) from the Contractual Reserve account to the company's capital. Consequently, increasing the company's outstanding shares from (78,437,500) shares to (120,000,000) shares, by an increase of (41,562,500) 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
21/04/2014
Saudi Pharmaceutical Indust.& Med. Appliances Corp.'s EGM held on Thursday 17/04/2014 has approved the capital increase via bonus shares. Thus, the addition shares have been deposited into the invest
Tadawul
18/03/2014
The second version of Tabuk Cardiovascular Convention (2ndTCC) created a think tank for discussing the current scenario of cardiovascular diseases that are prevalent in the MENA region. The Conventio
Press Release
13/03/2014
A leading Saudi-based pharmaceutical company is set to hold its second cardiovascular convention in Colombo on Friday.
The Convention (2nd TCC), organized by the Tabuk Pharmaceuticals Manufa
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| JAMJOOMPHARMA | 174.60 | -5.40 (-3.00 |
| AVALONPHARMA | 126.40 | -0.40 (-0.32 |
19/05/2025
The US has pledged up to $60 billion in investments for UAE energy projects, reinforcing a strategic partnership announced during the UAE-US business dialogue with President Donald Trump.
Khaleej Times
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
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