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Riyadh – Mubasher: Al Muneef Trading, Industry, Agriculture and Contracting Company completed completion of the sale of fractional shares and the subsequent deposit of proceeds into the accounts of eligible shareholders.
The fractional shares resulted from a capital increase approved during the extraordinary general assembly meeting held on 29 June 2026, according to a bourse disclosure.
The company concluded the sale process on 5 July, disposing of 31 shares. The total proceeds generated from the sale amounted to SAR 152.14, with the shares sold at an average price of SAR 4.9077 per share.
Al Muneef confirmed that the funds were deposited on 14 July. The distribution was conducted via direct transfer into the bank accounts linked to the investment portfolios of the entitled shareholders.
The company advised shareholders who encounter issues with the deposit process to contact its investor relations department via telephone at 0569672323 or through the provided corporate email address to claim their entitlements.
On 12 July, Al Muneef received 50 model 2026 H3000S truck heads from Shaanxi Heavy Duty Automobile Import & Export.