Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) Banque Saudi Fransi (BSF) on Dec. 11 named Mazin A. Al Romaih as board chairman for the next term.
2) Riyad Bank’s board of directors has recommended a 4 percent cash dividend for the second half of 2018, at SAR 0.40 per share, amounting to SAR 1.2 billion.
3) Saudi Enaya Cooperative insurance Co.’s shareholders approved, on Wednesday, a 200 percent capital hike to SAR 300 million from SAR 100 million, through a rights issue.
4) Buruj Cooperative Insurance Co.’s shareholders are set to vote on a proposed 20 percent capital hike to SAR 300 million from SAR 250 million, on Jan. 14, 2019.
5) Dallah Healthcare Co.’s board of directors has recommended a 27.12 percent capital hike to SAR 750 million from SAR 590 million through the issue bonus shares.
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