The Saudi Arabia Capital Markets Authority issued a resolution approving United International Holding Company’s request to increase its capital from SAR 250,000,000 to SAR 750,000,000 through the issuance of bonus shares. The increase will raise the company’s outstanding shares from 25,000,000 to 75,000,000. Shareholders registered in the shareholders registry at the Security Depository Center will receive 47 bonus shares for every 25 existing shares, based on registration as of the close of the second trading day after the due date set by the company’s board. The capital increase will be funded by transferring SAR 43,929,503 from the statutory reserve account and SAR 456,070,497 from retained earnings to the company’s capital. An extraordinary general assembly must be held within six months from the approval date, and the company is required to satisfy all regulatory requirements and applicable laws.
Saudi Arabia Capital Markets Authority 2026-02-16
Saudi Arabia Capital Markets Authority approves United International Holding Company capital increase to SAR 750 million via bonus shares
The Saudi Arabia Capital Markets Authority approved United International Holding Company's capital increase from SAR 250 million to SAR 750 million through bonus shares issuance. Shareholders will receive 47 bonus shares for every 25 existing shares, funded by transfers from the statutory reserve and retained earnings. An extraordinary general assembly must be held within six months, with compliance to all regulatory requirements.