The Authority's Approval of Mahara Human Resources Company's Request to Increase Its Capital through the Granting of Bonus Shares

موافقة الهيئة على طلب شركة مهارة للموارد البشرية زيادة رأس مالها عن طريق منح أسهم مجانية

The Capital Market Authority announced approval of Mahara Human Resources Company's request to increase its capital from SAR 475,000,000 to SAR 600,000,000, via granting 5 bonus shares for every 19 existing shares held by shareholders registered at the depository center. The increase, raising share count by 125,000,000 to 600,000,000 shares, will be funded by transferring SAR 103,056,265 from the statutory reserve and SAR 21,943,735 from retained earnings, with the extraordinary general assembly to convene within six months of the approval date.

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