Al Kathiri shareholders to vote on capital hike on Aug. 16

26/07/2018 Argaam

Al Kathiri Holding Co.’s shareholders are set to vote on a 20 percent capital hike to SAR 37.674 million from SAR 31.395 million, on Aug. 16, 2018.

 

Key Figures of the Capital Hike

Current Capital

SAR 31.395 mln

Number of shares

3.14 mln shares

Hike (%)

20% (1 for every 5 shares)

New Capital

SAR 37.674 mln

New number of shares

3.77 mln shares

Method

Bonus shares

Record date

General assembly meeting

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