1832 · 14/05/2023 08:04:59 · Announcement #73580 · View on Saudi Exchange

Sadr Logistics Co. Announces the board's recommendation to split the nominal value of the company's shares

Element ListExplanation
Announcement Detail Sadr Logistics Co announces the recommendation of the Board of Directors to the company in its meeting held on shawwal 23, 1444, corresponding to May 13, 2023, to the Extraordinary General Assembly of to split the nominal value of the share from 10 riyals (ten Saudi riyals) per share to 1 riyal (one Saudi riyal) per share, and thus the number of the company's shares will become (175) million shares instead of (17,5) million shares, with the company's commitment to complete the necessary related procedures.

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