Mulkia Investment Approves SAR 90M Capital Increase via Bonus Shares

MULKIA

MULKIA

9585.SA

0.00

Mulkia Investment Company announced on July 16, 2026 the results of its Extraordinary General Assembly Meeting (first meeting), held on July 15, 2026 at 18:30 at the company's headquarters in Riyadh via modern technology means, with 63.15% shareholder attendance. Shareholders approved a capital increase of SAR 12,000,000 through the issuance of bonus shares, raising the company's capital from SAR 78,000,000 to SAR 90,000,000 — a 15.38% increase — by capitalizing retained earnings, with shares rising from 7,800,000 to 9,000,000 at a ratio of one free share for every 6.5 shares held. The increase aims to strengthen the company's financial position, support growth plans, and maximize shareholder returns. Additionally, shareholders approved the establishment of an employee stock program, authorizing the Board of Directors to determine its terms and details.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96825&anCat=1&cs=9585&locale=ar

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.