On June 4, 2026, Naba Alsaha Medical Services Co. announced the results of its extraordinary general assembly meeting held on June 3, 2026, at 19:00 in Qatif through the Tadawulaty system with 68.23% shareholder attendance. The meeting approved a 100% capital increase from 105 million Saudi riyals to 210 million Saudi riyals by granting one free share for every existing share, funded by capitalizing 93 million riyals from retained earnings and 12 million riyals from reserves. The capital increase aims to support and finance the company's new expansion projects, increasing the total number of shares from 10.5 million to 21 million shares. Additionally, shareholders approved Board of Directors' remuneration of 1,411,032 riyals for the 2025 financial year and authorized the board to distribute interim dividends on a semi-annual or quarterly basis for 2026.

Original announcement:

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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.