| Element List | Explanation |
|---|---|
| Announcement Detail | Naqi Water Company announces the recommendation of the Board of Directors to the General Assembly of the Company, issued on 6/5/2023 AD, to split the nominal value of the share from SAR 10 to SAR 1 per share, while keeping the capital unchanged. |
As a result, the number of shares of the company will become 200,000,000 shares instead of 20,000,000 shares after completing the necessary regulatory procedures and obtaining the approval of the General Assembly.
Any further developments regarding the decision will be announced in due course.
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