The National Company for Glass Industries "Zoujaj" announces the board's recommendation to split the nominal value of the company shares.
| Element List | Explanation |
|---|---|
| Announcement Detail | The National Company for Glass Industries “Zoujaj” announces the recommendation of the Board of Directors issued on 20/10/1444, corresponding to 10/05/ 2023 to the Extraordinary General Assembly of the company, to split the nominal value of the share from SAR 10 (Saudi riyal ten) per share to SAR 1 (Saudi riyal one) per share, while keeping the capital of the company remains unchanged, so that the number of the company shares after its split becomes 329,000,000 shares instead of 32,900,000 shares, with the company commitment to completing all legal procedures and obtaining the approval of the extraordinary general assembly.
Any significant developments will be announced in due course. |
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