Mulkia Investment to vote on 20% capital hike via bonus shares on July 15

24/06/2025 Argaam
Logo ofMulkia Investment Co.

Logo of Mulkia Investment Co.

Mulkia Investment Co.’s shareholders will vote on the board of directors’ recommendation to increase the company’s capital by 20% through the issuance of one bonus share for every five existing shares, at the extraordinary general meeting (EGM) scheduled for July 15.

 

Capital Increase Details

Current Capital

SAR 65 mln

Current Number of Shares

6.5 mln

Nominal Value

SAR 10

Capital Increase (%)

20% (one bonus share for each five existing shares)

Method

Capitalizing SAR 13 mln from retained earnings

New Capital

SAR 78 mln

Number of Shares

7.8 mln

Reason

Enhancing financial solvency in line with its future aspirations, implementing growth plans and maximizing shareholder returns

Record Date

July 15, 2025 (Shareholders registered with Edaa by the end of the second trading day following the record date)

 

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