What to watch in Saudi market this week?

Key Events on Tadawul between Nov. 12 - 16 

Date 

Company   

Event 

Decision   

Location 

Nov. 12 

Aslak 

Dividend record date 

Dividend payout at 10% of capital, or SAR 1 per share, for the period until Q3 2023 

-- 

Dallah Health 

Dividend payout at 5% of capital, or SAR 0.5 per share, for Q3 2023 

-- 

Theeb 

Dividend payout at 4% of capital, or SAR 0.40 per share, for Q3 2023 

-- 

Nov. 13 

Lumi 

EGM 

Amending Article 2 of the company's Bylaws related to company’s name 

Moden technologies  

Arabian Drilling 

Dividend payout 

Dividend payout at 25.3% of capital, or SAR 2.53 per share, for H1 2023 

-- 

Alinma Sukuk 

OGM 

Vote on stock split 

Moden technologies  

Nov. 14 

SPIMACO 

EGM 

Vote on amending some articles of the company's Bylaws 

Moden technologies  

Etihad Atheeb 

OGM 

Electing board members for the upcoming term  

Moden technologies  

Aramco 

Dividend record date 

Dividend payout at SAR 0.46 per share, including SAR 0.3024 main dividends and SAR 0.1530 dividends related to the performance in Q3 2023 

-- 

Leejam Sports 

Dividend payout 

Dividend payout at 9.5% of capital, or SAR 0.95 per share, for Q3 2023 

-- 

Nov. 15 

Jarir 

Dividend payout 

Dividend payout at 25% of capital, or SAR 0.25 per share, for Q3 2023 

-- 

Al Hammadi 

Dividend record date 

Dividend payout at 3.5% of capital, or SAR 0.35 per share, for Q3 2023 

-- 

Nov. 16 

Nadec 

End date for rights issue trading 

End date for rights issue trading 

-- 

Salama 

End date for rights issue trading 

-- 

FICPO 

EGM 

Amending the company's Bylaws in line with the New Capital Law 

Moden technologies  

GIG 

EGM 

Capital increase vi a bonus share distribution  

Moden technologies  

Bonus issue record date 

Bonus share distribution at 5%, or 1-for-20 

-- 

Al Rajhi REIT 

Dividend record date 

Dividend payout at 1.3% of capital, or SAR 0.13 per share, for Q3 2023 

-- 

BinDawood Holding 

Dividend payout at 10% of capital, or SAR 0.1 per share, for H1 2023 

-- 

Al Mawarid 

Investors conference call 

To discuss Q3 2023 financials 

-- 

Key Events on Nomu between Nov. 12 - 16

Date

Company  

Event

Decision  

Location

Nov. 12

Atlas

Dividend payout

Cash dividend at 5% of capital, or SAR 0.5 per share, for 2023

--

Ladun

Dividend record date

Cash dividend at 4% of capital, or SAR 0.4 per share, for 2023

--

Fad International

Allocation date

Allocation date

--

Lana Medical

Start of IPO

Start of IPO

--

Paper Home

EGM

Amending Article 3 of the company's Bylaws related to the company's purposes

Moden technologies

Mulkia Investment

Listing date

The stock will debut with the symbol 9585 and ISIN Code SA15T0J4LOH8. It will trade with daily and static price fluctuation limits of ±30% and ±10%, respectively. 

--

Nov. 13

Burgerizzr

OGM

Amending the audit committee’s work regulations

Moden technologies

Sure

OGM

Capital increase via bonus share distribution

Moden technologies

Record date for bonus issue

50% (one bonus share for each two shares held)

--

Riyadh Steel

End of IPO

End of IPO

--

Nov. 14

Lime Industries

EGM

Amending the company's Bylaws in line with the New Company Law

Moden technologies

Fad International

Surplus refund

Surplus refund

--

Nov. 15

Alwasail International

EGM

Vote on the board's decision to appoint Abdelhamid bin Abduallah as a non-executive member

Moden technologies

Nov. 16

National Building

EGM

Amending some articles of the company's Bylaws

Moden technologies

Mobi Industry

Dividend record date

Cash dividend at 25% of capital, or SAR 0.25 per share, for 2023

--

Lana Medical

End of IPO

End of IPO

--

Riyadh Steel

Allocation date

Allocation date

--

Armah Sports

End of IPO

End of IPO

--