Riyadh – Mubasher: Naba Alsaha Medical Services Company announced that the commencement of electronic voting on the agenda items of the extraordinary general assembly meeting which include the increase of the company's capital by 100% will be held on 3 June 2026.
Upon a board recommendation, the company intends to raise the capital by SAR 105 million through the issuance of one-for-one bonus shares, according to a bourse disclosure.
Naba Alsaha will capitalize an amount of SAR 93 million from the retained earnings account in addition to SAR 12 million from the reserve balance.
Doubling the capital will increase it to SAR 210 million, while the number of shares will rise to 21 million from 10.50 million shares.
Naba Alsaha stated that this move aims to support and finance the company’s new expansion projects. It added that if the clause is approved, the eligibility date for the bonus shares for the company’s shareholders who own the shares on the day of the extraordinary general assembly and who are registered with the Securities Depository Center Company (Depository Center) will be at the end of the second trading day following the entitlement date.
