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General Assembly

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6 December 02:35 PM Amwaj International to pay SAR 9m dividends for H1-23
Riyadh – Mubasher: Amwaj International Company will distribute cash dividends of SAR 9 million to its shareholders for the first half (H1) of 2023 upon a recommendation by the board members on 14 November 2023. The amount represents 15% of the …
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4 December 10:34 AM Al Rajhi Takaful unveils capital hike to SAR 1bn
Riyadh – Mubasher: The shareholders of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) agreed to increase its capital by 150% to SAR 1 billion from SAR 400 million. Al Rajhi Takaful will transfer SAR 600 million from the retained …
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28 November 11:55 AM Edita’s shareholders nod to capital reduction
Cairo – Mubasher: The extraordinary general meeting (EGM) of Edita Food Industries has approved a capital cut to EGP 140 million from EGP 144.61 million. The EGX-listed firm will cancel 23.04 million treasure shares at a par value of EGP 0.20, …
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28 November 10:35 AM Spinalex unveils cash dividends for FY22/23
Cairo – Mubasher: The shareholders of Alexandria Spinning and Weaving Company (Spinalex) approved cash dividends amounting to EGP 16.03 million for fiscal year (FY) 2022/2023. Spinalex will disburse a dividend of EGP 0.05 per share on 14 December …
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26 November 10:34 AM Obeikan Glass backs growth plans via SAR 80m capital raise
Riyadh – Mubasher: Obeikan Glass Company announced the shareholders’ approval to increase its capital by SAR 80 million to SAR 320 million from SAR 240 million. The new capital will be distributed over 32 million shares, instead of 24 million …
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23 November 12:37 PM Acrow Misr’s shareholders nod to EGP 200m dividends
Cairo – Mubasher: The ordinary general meeting (OGM) of Acrow Misr for Scaffolding and Formwork approved cash dividends standing at EGP 199.84 million. The dividends amount will be distributed from the company’s 2022 income statements, according …
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19 November 04:38 PM Ma’aden names new Chairman, Vice Chairman
Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) recently appointed Yasir bin Othman Al Rumayyan as its new Chairman for a three-year term effective 25 October 2023. Ma’aden also announced Khalid bin Saleh Al Mudaifer as the Vice Chairman …
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15 November 09:13 PM Sure Global’s EGM approves 50% capital raise via bonus shares
Riyadh – Mubasher: The equityholders of Sure Global Company gave the green light to increase the capital by 50% to reach SAR 76.94 million through bonus shares. The company held its extraordinary general meeting (EGM) on 13 November 2023, during …
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6 November 04:38 PM Edita unveils EGP 8.75bn sales in 9M-23; dividends, capital hike approved
Cairo – Mubasher: Edita Food Industries posted consolidated net profits after tax valued at EGP 1.26 billion in the first nine months (9M) of 2023, up year-on-year (YoY) from EGP 673.77 million. Revenues enlarged to EGP 8.75 billion in 9M-23 from …