Fesh Fash Approves 75% Capital Increase via Bonus Shares
FESH FASH 9515.SA | 0.00 |
On June 8, 2026, Fesh Fash Snack Food Production Co. announced the results of its Extraordinary General Assembly meeting held on June 7, 2026, at the company's Riyadh headquarters with 41.25% shareholder attendance. The meeting approved a 75% capital increase through bonus shares, raising the company's capital from SAR 11,300,000 to SAR 19,775,000 by capitalizing SAR 8,475,000 from retained earnings. Shareholders will receive 3 free shares for every 4 existing shares held, with the increase aimed at supporting the company's growth plan and enhancing its financial position. The assembly also approved various other matters including board remuneration of SAR 468,000 for fiscal year 2025 and amendments to the company's Articles of Association.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95921&anCat=1&cs=9515&locale=arImportant 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.
