Riyadh – Mubasher: The extraordinary general meeting (EGM) of the Saudi Chemical Company approved to raise the firm’s capital through bonus shares.

The fluctuation limits, therefore, will be set based on a share price of SAR 24.48 on Wednesday, 19/1/1441 H or 18 September 2019.

Moreover, the newly granted shares will be deposited by the Securities Depository Center (Edaa) into the investors’ portfolio by Sunday, 22 September, according to a disclosure to the Saudi Stock Exchange (Tadawul) on Wednesday.

The said decisions were taken during the EGM’s meeting held on 17 September 2019.