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REQUEST FOR UNITED ELECTRONICS COMPANY ("EXTRA") THROUGH THE ISSUANCE OF BONUS SHARES
09/03/2015 16:38 AST
The CMA Board has issued its resolution approving United Electronics Company's request to increase its capital from SAR (300,000,000) to SAR (360,000,000) through issuing one bonus share for every (5) 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 (60,000,000) from the "Retained Earnings" account to the Company's capital. Consequently, increasing the Company's outstanding shares from (30,000,000) shares to (36,000,000) shares, by an increase of (6,000,000) 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
27/09/2017
United Electronics Company (eXtra) announces the opening of its ninth Branch in Riyadh, bringing the total numbers of eXtra stores to Forty Three in GCC.
Extra CEO Mr. Mohammed Galal said
Tadawul
09/06/2015
eXtra (United Electronics Company) has entered into a Memorandum of Understanding (MOU) with Mohammad Yousuf Sager & Co., about its intention to acquire 51% of the company. The basic conditions of th
Saudi Gazette
18/03/2015
Saudi Arabia-based technology and consumer electronics retailer eXtra has named Abdulhameed Abdulaziz Al Ohali as CEO. The appointment follows the resignation of previous CEO Karim Al Dahabi for pers
Saudi Gazette
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| JARIR | 12.50 | 0.04 (0.32 |
| NICEONE | 36.20 | -0.80 (-2.17 |
| SASCO | 59.60 | -0.30 (-0.51 |
| ALSAIFGALLERY | 7.15 | -0.13 (-1.79 |
| AMWAJINTERNATIONAL | 41.95 | 0.00 (0.00 |
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
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
Financial Information Co.
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