Logo of Mohammed Hadi Al Rasheed and Partners Co.

Shareholders of Mohammed Hadi Al Rasheed and Partners Co. will discuss a 50% capital increase through the issuance of bonus shares during the extraordinary general meeting (EGM) held on Dec. 4.

 

The increase will be through granting one bonus share for every two shares held.
 

Capital Increase Highlights

Current Capital

SAR 120 mln​

Number of Shares

12 mln

Percentage of Capital Increase

50% (1-for-2)

New Capital

SAR 180 mln​

New Number of Shares

18 mln

Method

Capitalizing SAR 60 mln from retained earnings

Reason

As part of the company’s strategy aligned with its future plans for expansion and growth, it aims to create greater long-term value by investing in various available opportunities, while reaffirming its financial strength and solid financial position.

Record Date

Dec. 5, 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.

 

Shareholders will also vote on amending Article 7 of the company's bylaws related to capital increase, and Article 8 on subscription.

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