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- Saudi riyal symbol: strategic step toward global financial standing
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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 | 156.00 | -7.00 (-4.30 |
| AVALONPHARMA | 131.20 | -2.60 (-1.95 |
10/03/2025
Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit
The Peninsula
10/03/2025
Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).
This achievement make
Saudi Gazette
10/03/2025
Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+
Arab News
09/03/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema
The Peninsula
07/03/2025
Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.
In an official statement, Bader Al-Ghan
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia