Asas Makeen Shareholders Approve Capital Increase Proposal

ASAS MAKEEN

ASAS MAKEEN

9640.SA

0.00

Asas Makeen Real Estate Development and Investment Company announced on May 31, 2026 the results of its Extraordinary General Assembly Meeting held on May 21, 2026, which approved a capital increase proposal. The meeting was conducted virtually via the Tadawulaty platform from the company's Riyadh headquarters at 20:15, with 95.76% shareholder attendance achieving the required legal quorum. All five Board of Directors members were present, including Chairman Abdulrahman bin Saud Al-Hadlaq and Vice Chairman Anas bin Saud Al-Hadlaq.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95697&anCat=1&cs=9640&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/27215_7566_2026-05-31_00-31-10_en.pdf

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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