Logo of Marble Design Co.
Shareholders of Marble Design Co. will discuss a 25% capital increase through the issuance of bonus shares during the extraordinary general meeting (EGM) held on Dec. 2.
The increase will be through granting one bonus share for every four shares held.
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Capital Increase Highlights |
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Current Capital |
SAR 60 mln |
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Number of Shares |
60 mln |
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Percentage of Capital Increase |
25% (1-for-4) |
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New Capital |
SAR 75 mln |
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New Number of Shares |
75 mln |
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Method |
Capitalizing SAR 15 mln from retained earnings |
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Reason |
Enhancing the strategic growth plan, meeting future expansion needs and aspirations, while reaffirming the company’s financial strength and solid financial position |
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Record Date |
Dec. 2, 2025 (Shareholders registered with Edaa by the end of the second trading day after the record date) |
In a statement to Tadawul, the company said fractional shares, if any, will be collected in a single portfolio to be sold at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum from the date of determining each shareholder’s eligible shares.
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