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Sheryll Mericido

Saudi Arabia's EGM approved capital increase through bonus shares

The National Shipping Company of Saudi Arabia EGM, which took place on June 19, 2023G, has approved the capital increase through bonus shares. As a result, the National Shipping Company of Saudi Arabia's fluctuation restrictions on Tuesday, June 20, 2023G, will be based on a share price of SAR 22.90, and all pending orders will be canceled. On Thursday, June 22, 2023G, the Securities Depository Center (Edaa) will deposit additional shares into the investors accounts.


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