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12/12/2017 20:13 AST
The CMA has issued its resolution approving Al Sorayai Trading and Industrial Group Company's request to reduce its capital from SAR (375,000,000) to SAR (225,000,000), thus reducing the number of shares from (37,500,000) shares to (22,500,000) shares. This approval is conditional on the Company's extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations.
The Company will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effect of such reduction within sufficient time prior to the Extraordinary General Assembly Meeting to enable shareholders to vote on the capital decrease.
The CMA's approval of a particular company's application to reduce its capital should never be viewed as an endorsement of the feasibility of the capital decrease. The CMA's approval of a company's application to reduce its capital mer ely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.?
Tadawul
14/01/2018
Al Sorayai Trading and Industrial Group is announcing that the Board Member Eng. Mohammed Ahmed Khalawi Mowkley (Independent Member) resigned from the membership of Board of Directors and Audit Commi
Tadawul
25/06/2015
Al Sorayai Group (ASG), one of the world's leading industrial and trading groups in carpet, flooring and furniture, announced that it has completed refurnishing Jeddah's oldest mosque, Al Shafi'i,
Saudi Gazette
18/02/2013
Al Sorayai Trading And Industrial Group Co (Al-Sorayai Group) announces the annual financial results for the period ending 31-12-2012:
1. Net profit amounted to SAR 52.6 million a
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALASEEL | 3.75 | 0.02 (0.53 |
| SIDC | 32.46 | 0.00 (0.00 |
| ARTEX | 12.28 | 0.03 (0.24 |
| FITAIHIGROUP | 3.21 | -0.02 (-0.62 |
| LAZURDE | 12.08 | -0.20 (-1.63 |
12/08/2025
The food and retail delivery company Talabat Holding now expects higher growth for full-year 2025 after netting a profit of $121 million in the second quarter.
The company, listed on DFM, al
Gulfnews
12/08/2025
Al-Safat Investment Company announced net profits of KD 4.65 million for the first half of 2025, reflecting a strong financial performance that underscores the success of its strategy to restructure
Kuwait Times
12/08/2025
Millennium Hotels and Resorts Middle East & Africa, in partnership with Saudi Forward Hospitality Company Taiba, has announced the relaunch of Millennium Al Aqeeq and Millennium Taiba in Madinah.
Trade Arabia
12/08/2025
QNB Group, the largest financial institution in the Middle East and Africa, has organised the QNB Blue Pledge, a global initiative aimed at raising awareness about the importance of preserving the ma
The Peninsula
12/08/2025
Heavy Engineering Industries and Ship-building Company (Heisco) has announced that its consortium with Indian group VA Tech Wabag has emerged as the lowest bidder for a key desalination project being
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia