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General Assembly

Pioneers Holding will be renamed Aspire Capital Holding for Financial Investment
25 July 12:50 PM Pioneers Holding's shareholders approve horizontal demerger
Cairo - Mubasher: The extraordinary general meeting (EGM) of Pioneers Holding Company for Financial Investment approved a proposal to split the company into three entities. Pioneers Holding will focus on financial services, while the two new …
The outstanding shares will be cancelled
15 July 12:30 PM Saudi Re’s shareholders nod to 10% capital raise; fluctuation limit announced
Riyadh – Mubasher: The shareholders of Saudi Re for Cooperative Reinsurance Co approved the board’s recommendation to increase the capital by 10% or SAR 81 million through bonus shares, according to a bourse filing on Thursday. The new capital …
Chubb Arabia will grant one bonus share for every two owned shares
15 July 12:21 PM Chubb Arabia’s shareholders approve capital hike; fluctuation limit announced
Riyadh – Mubasher: The shareholders of Chubb Arabia Cooperative Insurance Company have agreed to increase the capital by 50% or SAR 100 million through bonus shares, according to a bourse filing on Thursday. The new capital will stand at SAR 300 …
The value of the offering will stand at SAR 112.5 million
14 July 01:43 PM Raydan’s shareholders approve capital hike through rights issue
Riyadh – Mubasher: The shareholders of Raydan Foods Company gave the green light for the board’s recommendation to increase the capital through a rights issue of 11.25 million ordinary shares at a par value of SAR 10 each. The value of the …
The distribution date will be 5 August
13 July 01:06 PM SADAFCO’s shareholders nod to SAR 96m dividends
Riyadh – Mubasher: The shareholders of Saudia Dairy and Foodstuff Company (SADAFCO) approved the board’s recommendation to distribute SAR 3 per share, representing 30% of the nominal share value, as a cash dividend for the fiscal year (FY) ended …
Fluctuation limit will be based on a share price of SAR 24.12
11 July 05:32 PM Alhokair Group’s shareholders approve changes to capital; fluctuation limit announced
Riyadh – Mubasher: The shareholders of Abdulmohsen Alhokair Group for Tourism and Development gave the green light for reducing the capital to offset accumulated losses then increasing it to raise solvency and lower borrowing rates. Alhokair Group …
The amount will be reduced from the total accumulated losses of SAR 137,015
11 July 03:50 PM United Cooperative obtains SAMA’s nod to reduce accumulated losses
Riyadh – Mubasher: United Cooperative Assurance Company has received the Saudi Central Bank’s (SAMA) approval to offset part of its accumulated losses by SAR 31,944 from the statutory reserve. This amount will be reduced from the total accumulated …
Fitaihi Holding’s will stand at SAR 275 million
8 July 12:12 PM Fitaihi Holding’s shareholders nod to SAR 275m capital decrease
Riyadh – Mubasher: The shareholders of Fitaihi Holding Group gave the green light for the board’s recommendation to reduce the capital by 50% or SAR 275 million. The company will write off 27.5 million shares at a par value of SAR 10 each by …
The explosion happened on a container ship at Terminal 1
8 July 11:28 AM Jebel Ali Port operating normally after explosion erupts on ship
UAE - Mubasher: Dubai-based Jebel Ali Port, one of the world's largest ports, is operating normally following a fire caused by an explosion within a container on board a ship at the facility around midnight on Wednesday, 7 July, a source told …
The authorised capital will be reduced to $940.51 million from $1 billion
6 July 01:36 PM Maridive's shareholders approve authorised capital cut
Cairo - Mubasher: The extraordinary general meeting (EGM) of Maridive & Oil Services approved a decision to slash the authorised capital to stand at five times the issued capital.  The authorised capital will be reduced to $940.51 million from $1 …
The capital will be increased by issuing one bonus share for every 11 shares held
4 July 12:07 PM Alexandria Medical Services to raise capital via bonus issue
Cairo - Mubasher: The extraordinary general meeting (EGM) of Alexandria Medical Services - Alexandria New Medical Center approved a decision to increase the issued and paid-up capital to EGP 124.58 million from EGP 114.19 million.  The capital …
The dividends will be distributed on 29 July
30 June 04:52 PM Integrated Diagnostics Holdings to pay $0.049/shr dividends for 2020
Cairo - Mubasher: The ordinary general meeting (OGM) of Integrated Diagnostics Holdings (IDH) approved a decision to distribute cash dividends of $0.049 per share for the year ended 31 December 2020.  The dividends will be distributed on 29 July …
The capital will be increased by EGP 3.75 billion
29 June 12:36 PM Credit Agricole Egypt's shareholders approve capital hike via bonus issue
Cairo - Mubasher: The ordinary general meeting (OGM) of Credit Agricole Egypt approved a decision to increase the bank's capital to EGP 5 billion from EGP 1.24 billion via a bonus issue.  The EGP 3.75 billion capital increase will be funded from …
Gulf General aims to support its expansion activity through the capital hike
29 June 11:43 AM Gulf General’s shareholders nod to 150% capital hike, fluctuation limit announced
Riyadh – Mubasher: The shareholders of Gulf General Cooperative Insurance Co gave the green light for increasing the capital by 150% or SAR 300 million through a rights issue. The new capital will amount to SAR 500 million distributed over 50 …
Chemanol will cancel one share for every 2.269 owned shares
29 June 11:08 AM Chemanol’s EGM approves capital cut, rejects raise; fluctuation limit announced
Riyadh – Mubasher: The shareholders of Methanol Chemicals Company (Chemanol) approved, during the extraordinary general meeting (EGM), a 44% capital reduction by cancelling 53.14 million shares. Chemanol will cancel one share for every 2.269 owned …
The company targets to achieve activity revenues of EGP 22.4 million
27 June 10:47 AM United Arab Stevedoring's shareholders approve FY21/22 planned budget
Cairo - Mubasher: The ordinary general meeting (OGM) of United Arab Stevedoring approved the planned budget for fiscal year (FY) 2021/2022. The company targets to achieve activity revenues of EGP 22.4 million and final losses of EGP 10.53 million …
Bupa Arabia will pay SAR 3.4 per share
27 June 10:24 AM Bupa Arabia to pay SAR 408m dividends for 2020
Riyadh – Mubasher: The shareholders of Bupa Arabia for Cooperative Insurance Company gave the green light for the board’s proposal to distribute a cash dividend of SAR 3.4 per share, representing 34% of the share’s par value, for 2020. The company …
Al Kathiri Holding will capitalise SAR 22.6 million
24 June 11:25 AM Al Kathiri Holding’s EGM approves 25% capital raise; fluctuation limit announced
Riyadh – Mubasher: The shareholders of Al Kathiri Holding Company approved, during the extraordinary general meeting (EGM), a capital increase of 25% by granting one share for every four existing shares, according to a bourse filing on Thursday. …
The distribution date will be 5 July 2021
24 June 10:50 AM SAIC’s shareholders approve SAR 12.5m dividends for H2-20
Riyadh – Mubasher: The equityholders of Saudi Advanced Industries Company (SAIC) gave a nod for distributing a cash dividend of SAR 0.25 per share, representing 2.5% of the share’s par value, for the second half (H2) of 2020. SAIC will pay a total …
GASCO will pay 5% of the capital as dividends
23 June 11:18 AM GASCO’s shareholders approve SAR 37.5m dividends for 2020
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) will distribute a cash dividend of SAR 0.5 per share, representing 5% of the share’s par value, following the shareholder’s approval on 22 June. GASCO will pay a total of SAR …
The company will increase its authorised capital to EGP 360 million
23 June 11:14 AM Marseilia's shareholders approve capital raise
Cairo - Mubasher: The ordinary general meeting (OGM) of Marseilia Almasreia Alkhalegeya Real Estate Investment approved a decision to proceed with its capital increase procedures.  The company will increase its authorised capital to EGP 360 …
Raya Holding posted net profits of EGP 35.80 million in three months
21 June 11:25 AM Raya Holding's shareholders approve dividends for Q1-21
Cairo - Mubasher: The ordinary general meeting (OGM) of Raya Holding for Financial Investments approved a cash dividend of EGP 0.045 per share for the period ended 31 March 2021.  The shareholders also approved paying bonuses of up to EGP 52 …
The company will reduce the capital by EGP 10.88 million
17 June 02:31 PM United Housing's EGM approves capital cut
Cairo – Mubasher: The extraordinary general meeting (EGM) of United Company for Housing and Development has approved to cut the company's issued and paid-up capital to EGP 343.11 million from EGP 354 million. The company will reduce the capital by …
SASCO will later announce the distribution date
17 June 10:44 AM SASCO to distribute dividends worth SAR 12m for 2020
Riyadh – Mubasher: The shareholders of Saudi Automotive Services Company (SASCO) approved the board’s recommendation of paying an additional cash dividend of SAR 0.2 per share for 2020. SASCO will pay a total of SAR 12 million, representing 2% of …