Edaa implements capital hike for Yaqeen Capital

19/05/2025 Argaam
Logo ofYaqeen Capital Co.

Logo of Yaqeen Capital Co.


The Securities Depository Center Company (Edaa) said it implemented the securities quantity increase for Yaqeen Capital Co. in the accounts of eligible shareholders today, May 19.

 

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According to Argaam data, Yaqeen Capital’s shareholders recently approved the board’s recommendation to increase capital by 70% through capitalizing retained earnings. The move included distributing 0.7 bonus share for every existing share.

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