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06/03/2014 17:50 AST
The CMA Board has issued its resolution approving Saudi Paper Manufacturing Company's request to increase its capital from SAR (375,000,000) to SAR (450,000,000) through issuing one bonus share for every (5) existing shares owned by the shareholders who are registered in the shareholders registry at the closing of trading on the day of the extraordinary general assembly. Such increase will be paid by transferring an amount of SAR (75,000,000) from the "Retained Earnings" account to the company's capital. Consequently, increasing the company's outstanding shares from (37,500,000) shares to (45,000,000) shares, by an increase of (7,500,000) shares. The bonus shares eligibility is limited to the shareholders who are registered in the shareholders registry at the close of trading on the day of the extraordinary general assembly, which will be determined later by the Company's board, and should be held within six months from the approval date. This approval is conditional on the Company satisfying the regulatory requirements of Companies Law and any other applicable laws.
Press Release
04/11/2014
Saudi Paper Manufacturing Company (SPMC) today announced that it is initiating the largest Cloud computing project in MENA paper industry history.
The project will also mark the company ou
Press Release
18/02/2014
Saudi Paper Manufacturing Co. announces that the Board of directors on his meeting 17-02-2014 has recommended to extraordinary general assembly meeting to increase the company's capital through bonus
Tadawul
21/04/2013
Saudi Paper Manufacturing Company - SPM has announced the interim consolidated financial results for the period ended March 31, 2013:
1. The net income for the first quarter ended March 31
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SABIC | 62.00 | 0.80 (1.30 |
| MAADEN | 47.00 | 2.55 (5.73 |
| SABICAGRINUTRIENTS | 103.20 | -0.40 (-0.39 |
| MARBLEDESIGN | 76.00 | -0.70 (-0.92 |
| LIMEINDUSTRIES | 12.86 | 0.64 (5.23 |
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
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Gulfnews
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Gulfnews
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Times of Oman
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QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
Financial Information Co.
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