Mulkia Investment shareholders OK 20% capital hike via bonus shares

Logo of Mulkia Investment Co.

Shareholders of Mulkia Investment Co. approved the board recommendation to increase the company’s capital by 20% through a one-for-five bonus share distribution, during the extraordinary general meeting (EGM) held on July 15.

 

Capital Increase Details

Current Capital

SAR 65 mln

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 the company's future aspirations, implementing growth plans, and maximizing shareholders' equity

Record Date

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

 

For more news on listed companies

 

Fractional shares, if any, will be compiled into a single portfolio for all shareholders, to be sold at market price. Their value will be distributed to eligible shareholders pro rata within a period not exceeding 30 days.

 

In a separate statement, the Saudi Exchange (Tadawul) said the fluctuation limits on the stock today, July 16, will be based on a share price of SAR 41.5. The outstanding orders will be cancelled.

 

Furthermore, the Securities Depository Center (Edaa) will deposit the bonus shares into investor portfolios before the beginning of trading on July 20.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request