Naseej International Proposes SAR 163.5M Capital Increase

NASEEJ

NASEEJ

1213.SA

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On June 24, 2026, Naseej International Trading Company announced an Extraordinary General Assembly Meeting scheduled for July 22, 2026, at 6:30 PM, to be held both in-person at the company's Jeddah headquarters and via modern technology means. The meeting will focus on voting for a capital increase of SAR 163,459,510 through rights issue shares to address the company's accumulated losses that have reached half of its capital, in accordance with Article 132 of the Companies Law. The capital increase aims to enable the company to settle financial obligations and support future growth strategy. Shareholders can participate through physical attendance or electronic voting via the Tadawulaty system, with remote voting available from July 18, 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96338&anCat=1&cs=1213&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/7550_372_2026-06-24_14-29-20_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/7550_372_2026-06-24_14-49-00_en.pdf

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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