Riyadh — Mubasher: Saudi Fisheries Company announced its intention to hold a virtual meeting with shareholders to discuss the board of directors' recommendation to increase the firm's capital through a rights issue.
The proposal is subject to approval at the upcoming Extraordinary General Assembly Meeting (EGM), according to a bourse filing.
The meeting is scheduled for 26 August 2026 at 04:30 Saudi Arabia time.
During the session, management intends to address shareholder inquiries regarding the capital restructuring and provide updates on the company's latest developments.
Saudi Fisheries stated that the initiative aims to foster positive interaction with its investors and ensure transparency regarding the proposed financial expansion.
Shareholders can access the meeting through a dedicated digital platform, while further inquiries can be directed to the investor relations department through telephone.
This move follows the board's formal recommendation to seek additional funding to support the company's strategic objectives.
