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17/09/2015 10:16 AST
The CMA Board has issued its resolution approving Bawan Company request to increase its capital from SAR (500,000,000) to SAR (600,000,000) 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 (100,000,000) from the etained Earningsaccount to the Company's capital. Consequently, increasing the Company's outstanding shares from (50,000,000) shares to (60,000,000) shares, by an increase of (10,000,000) 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.
Tadawul
24/12/2013
The Capital Market Authority announces that the listing and trading of Bawan Company will commence on Tuesday 24/12/2013 within Building & Construction sector with the symbol 1302, with a fluctuation
Tadawul
07/11/2013
The CMA Board has issued its resolution approving the initial public offering of (15,000,000) shares representing (30%) of Bawan Company’s share capital. A portion of the offered shares will be alloc
Tadawul
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
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