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- Lebanon receives preliminary approval to increase World Bank loan to $400m
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for Abdullah Al Othaim Markets Company through issuance of bonus shares
04/03/2014 09:04 AST
The CMA Board has issued its resolution approving Abdullah Al Othaim Markets Company's request to increase its capital from SAR (225,000,000) to SAR (450,000,000) through issuing one bonus share for every existing share 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 (93,409,588) from the "Statutory Reserve" account, SAR (12,453,336) from the "Voluntary Reserve" account, and SAR (119,137,076) from the "Retained Earnings" account to the Company's capital.
Consequently, increasing the Company's outstanding shares from (22,500,000) shares to (45,000,000) shares, by an increase of (22,500,000) 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.
Tadawul
31/08/2015
Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, has raised 1 billion riyals ($267 million) through a debut sukuk issue, two banking sources said o
Gulfnews
11/08/2015
JEDDAH: Saudi Arabia's Al-Othaim Real Estate and Investment Co., owner of five shopping malls in the Kingdom, is marketing a five-year debut sukuk issue which could raise up to SR1 billion ($267 mill
Arab News
09/06/2015
Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, has revived plans to issue a debut local currency Islamic bond, probably after the summer, two sou
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| NAHDI | 114.60 | 0.60 (0.52 |
| ANAAMHOLDING | 17.14 | -0.34 (-1.95 |
| BINDAWOOD | 6.27 | 0.02 (0.32 |
| ALDAWAA | 79.60 | -0.20 (-0.26 |
| ALMUNAJEM | 84.50 | 1.30 (1.56 |
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
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
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia