The general meeting of “Naseej” discusses the capital increase to 211.6 million riyals

Naseej International Trading Company announced that the Extraordinary General Meeting will be held on Tuesday 12 October 2021 to discuss the proposal of the Board of Directors to increase the capital from 61.6 million riyals to 211.6 million riyals, at the rate of 243, 38%, through a question of rights.

The company added, in a statement to “Saudi Tadawul”, today, Sunday, that the value of the capital increase is 150 million riyals, distributed over 15 million shares, for a nominal value of 10 riyals per share.

The company indicated that the number of shares in the capital will rise to 21.16 million shares, compared to 6.16 million shares before the increase.

The company specified that in if the provision is approved, the eligibility will be granted to the shareholders holding shares on the day of the extraordinary general meeting who are registered in the company’s shareholders’ register at the Company Securities Deposit Center (Deposit Center) at the end of the second market day open after the date of the extraordinary meeting.

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