Saudi Arabia’s Capital Market Authority approved Ades Holding Company’s plan to double its capital from SAR 1.13 billion to SAR 2.26 billion through one bonus share for each existing share, funded from the share premium account, subject to an extraordinary general assembly within six months and compliance with applicable regulatory requirements.
2026-09-21Saudi Arabia Capital Markets Authority
Saudi Arabia’s Capital Market Authority approves Ades Holding’s capital increase to SAR 2.26 billion
Saudi Arabia’s Capital Market Authority approved Ades Holding’s capital increase from SAR 1.13 billion to SAR 2.26 billion through a one for one bonus share issue. The company must hold an extraordinary general assembly within six months and meet applicable regulatory requirements.