On August 27, 2026, Naseej International Trading Company announced the results of its Extraordinary General Assembly's third meeting, held on August 26, 2026, at 18:30 from the company's head office in Jeddah Industrial Area, with 24.00947% shareholder attendance. The assembly approved, with 84.62741% of votes in favor, the Board of Directors' recommendation to increase the company's capital through a rights issue to address accumulated losses that reached half of its issued capital, pursuant to Article (132) of the Companies Law. The capital will increase by approximately 150%, from SAR 108,973,010 to SAR 272,432,520, through the issuance of 16,345,951 ordinary shares at a nominal value of SAR 10 per share, bringing total shares outstanding from 10,897,301 to 27,243,252, with eligible shareholders receiving approximately 1.49999995 new shares for every 1 share held. The proceeds are intended to settle the company's financial obligations and support its future growth strategy, with Articles (7) and (8) of the Company's Articles of Association to be amended accordingly.

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