Al-Modawat goes ex-bonus today

10:55 AM (Mecca time) Argaam- Nomu
Logo of Al-Modawat Specialized Medical Co.

Logo of Al-Modawat Specialized Medical Co.

Shares of Nomu-listed Al-Modawat Specialized Medical Co. trade ex-bonus today, Oct. 26, provided that the general meeting is held today.

 

The company’s board of directors recommended raising capital from SAR 23.75 million to SAR 71.25 million by issuing two bonus shares for every share held, through the capitalization of SAR 47.5 million from the issue premium.

 

The capital increase is intended to support the company's strategic growth plan, finance future expansions, achieve its objectives, and reinforce its financial position.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.