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

Announcement from CMA Regarding the Listing of Bawan Company

24/12/2013

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Tadawul

The CMA Announces the Initial Public Offering of Bawan Company

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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

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RIYADHCABLES 122.20 -1.40 (-1.14%)
ASTRAINDUSTRIAL 147.60 0.40 (0.27%)
OBEIKANGLASS 31.20 0.90 (2.97%)
RAOOM 80.00 -0.50 (-0.63%)
ALBABTAIN 44.30 -0.30 (-0.68%)
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