The Saudi Arabia Capital Market Authority has approved Naba Alsaha Medical Services Company’s request to double its capital to SAR 210 million by issuing one bonus share for each existing share. The increase will raise the company’s outstanding shares to 21 million from 10.5 million. The capital increase will be funded by transferring SAR 93 million from retained earnings and SAR 12 million from reserves to capital. Eligibility will apply to shareholders registered at the Securities Depository Center at the close of the second trading day after the due date, which the company’s board will determine later. The extraordinary general assembly must be held within six months of the approval, and the company must satisfy all regulatory requirements and applicable laws.
Saudi Arabia Capital Markets Authority 2026-05-06
Saudi Arabia Capital Market Authority approves Naba Alsaha Medical Services capital increase to SAR 210 million through one for one bonus share issue
The Saudi Arabia Capital Market Authority has approved Naba Alsaha Medical Services Company’s request to double its capital to SAR 210 million by issuing one bonus share for each existing share, increasing outstanding shares to 21 million. The capital increase will be funded by transferring SAR 93 million from retained earnings and SAR 12 million from reserves, subject to approval by an extraordinary general assembly and compliance with regulatory requirements.