The Ordinary General Assembly meeting was held remotely through contemporary technology from the Company’s office in Riyadh, Rabwah District, Al-Ahsa Street, Building No. 7449, Unit No. 1, on Tuesday, 18-11-2025, corresponding to 27-05-1447 H, and the percentage of attending shareholders was 54.79%.
Voting Results on the Items of the General Assembly’s Meeting Agenda
- 1Approval of the split of the company's shares according to the following:
- Nominal value per share before the amendment: (10) Saudi Riyals
- Nominal value per share after the amendment: (1) Saudi Riyal
- Number of shares before the amendment: (22,500,000) shares
- Number of shares after the amendment: (225,000,000) shares
- There will be no change in the company's capital before and after the stock splits.
- Effective Date: The stock split decision will be effective for all shareholders of the company who own shares on the day of the Extraordinary General Assembly and are registered in the company's shareholders' register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the Extraordinary General Assembly.
- Amending Article No. (7) of the Articles of Association relating to the company's capital.
