Future Vision Approves 100% Capital Increase Through Bonus Shares
FUTURE VISION 9632.SA | 0.00 |
Future Vision for Health Training Co. announced on June 18, 2026 the results of its Extraordinary General Assembly meeting held on June 17, 2026, with 63.99% shareholder attendance. The meeting approved a 100% capital increase through bonus shares, raising share capital from SAR 10,000,000 to SAR 20,000,000 by issuing 10,000,000 new shares funded through capitalization of the share premium account. Shareholders approved amendments to multiple articles of association relating to company objectives, management structure, and board powers, while also appointing Sultan Ahmed Al-Shalabi & Co. as external auditor for SAR 155,000. The bonus shares will be distributed at a ratio of one new share for every existing share owned, with eligibility determined by shareholdings at the close of trading on the meeting date.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96202&anCat=1&cs=9632&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.
