Al Kathiri Holding Company invited its shareholders to attend the extraordinary general assembly meeting on October 5 in Riyadh, by means of modern technology using the system of my trading, to vote on the recommendation of the Board of Directors Increase the company's capital by way of priority rights.
According to Arabiya Net, the company stated that the capital before the increase is 45.2 million riyals, after the increase it will be 90.4 million riyals divided into 9.04 million ordinary shares.
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and stated that the total amount of the increase is 45.2 million riyals, to support the expansion of the company's activity and provide working capital that enables the company to increase its operational capacity and support its future activities.
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The method of increasing the capital would be through the offering and listing of rights issue shares of 4.52 ordinary shares.
(Amazon fun knowledge)
