Saudi Chemical Co. announces the board's recommendation to split the nominal value of the share.
| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Chemical Co. announces the recommendation of the Board of Directors to the Extraordinary General Assembly of the company in its meeting held on Dhu AL -Qadah 3, 1444, corresponding to May 23, 2023, to split the nominal value of the share from ten (10) ten riyals per share to (1) one riyal per share, and thus the number of the company's shares will become (843,200,000) shares instead of (84,320,000) shares, with the company's commitment to complete the necessary related procedures and receive the approval of the Extraordinary General Assembly.
Related developments will be announced in due course. |
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