Please wait...
GulfBase Live Support
- Omani bourse extends rally as financial sector leads
- CBO issues treasury bills worth OMR26.250 million
- Closing Bell: Saudi main index sheds points to settle at 12,109.94
- Annual trade between Qatar and Jordan hits $248m
- Saudi Arabia, Japan strengthen investment ties with strategic MoU
- Saudi banking sector boosted by flurry of debt, sukuk issuances
- Ministry of Commerce issues decision on principles of governance for closed joint-stock companies
- Madayn's cumulative investment volume up by OMR1 billion in 5 years
- Aldar raises $2.45bn in sustainability-linked credit facility
- Why should UAE investors remain bullish on crypto market in 2025?
06/12/2017 09:51 AST
The CMA has issued its resolution approving Saudi Industrial Export Company's request to reduce its capital from SAR (108,000,000) to SAR (10,800,000), thus reducing the number of shares from (10,800,000) shares to (1,080,000) shares. This approval is conditional on the Company's extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations.
The Company will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effect of such reduction within sufficient time prior to the Extraordinary General Assembly Meeting to enable shareholders to vote on the capital decrease.
The CMA's approval of a particular company's application to reduce its capital should never be viewed as an endorsement of the feasibility of the capital decrease. The CMA's approval of a company's application to reduce its capital merely means that the regulatory requirements as per the Capital Market Law and its Implementing Regulations have been met.
Tadawul
14/04/2013
SAUDI INDUSTRIAL EXPORT COMPANY ANNOUNCES ITS INTERM FINANCIAL RESULTS FOR THE FIRST QUARTER ENDING AT 31/03/2013 ( THREE MONTHS ):
1- The company's net profit during the first quarter wa
Tadawul
17/02/2013
SAUDI INDUSTRIAL EXPORT COMPANY - SIECO ANNOUNCES ITS FINANCIAL RESULTS ENDING AT 31/12/2012
1- The company's net profit is SR 2.8 million compared to profit SR 9.3 million for la
Tadawul
13/01/2013
1- The company's net profit during the fourth quarter is SR 590 thousands compared to profit SR 142 thousands for the same quarter last year with a increase of 315.5% , and compared to profit SR 1.3
Tadawul
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 103.00 | 1.60 (1.57 |
| OBEIKANGLASS | 47.20 | 0.75 (1.61 |
| ASTRAINDUSTRIAL | 175.80 | 4.80 (2.80 |
| RAOOM | 137.40 | -2.20 (-1.58 |
| EIC | 7.54 | 0.00 (0.00 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.