RIYADH: East Pipes Integrated Co. for Industry has invited its shareholders to vote in favor of a 50 percent increase in the company's capital. The pipe manufacturer is looking to increase its current capital of SR210 million ($56 million) to SR315 million through granting bonus shares, according to a bourse filing. Shareholders will receive 0.5 shares for every share held
Doha: Aamal Company (Aamal), one of the region s leading diversified companies, held its Extraordinary General Assembly Meeting recently, with the quo.
Leading Saudi developer Jabal Omar has announced that it has won approval from the kingdom s Capital Market Authority to increase the firm s capital from SR9.3 billion ($2.5 billion) to SR11.6 billion ($3.1 billion) by issuing 225 million new shares.