Tagged: Tadawul

The Capital Market Authority approves the capital increase request for Bank Albilad through issuance of bonus shares

The Capital Market Authority approves the capital increase request for Bank Albilad through issuance of bonus shares

The CMA Board has issued its resolution approving Bank Albilad’s request to increase its capital from SAR (3,000,000,000) to SAR (4,000,000,000) through issuance of bonus shares. One bonus share will be issued for every (3) existing shares owned by the shareholders who are registered in the shareholders registry at the close of trading on the day of the extraordinary general assembly. Such increase will be paid by transferring an amount of SAR (1,000,000,000) from retained earnings account to the Company’s capital. Consequently, increasing the Company’s outstanding shares from (300,000,000) shares to (400,000,000) shares, by an increase of (100,000,000) shares.

Source: 

http://www.tadawul.com.sa/wps/portal/!ut/p/c1/04_SB8K8xLLM9MSSzPy8xBz9CP0os3g_A-ewIE8TIwP3gDBTA08Tn2Cj4AAvY_dQA30_j_zcVP3g1Dz9gmxHRQDAd8ca/dl2/d1/L2dJQSEvUUt3QS9ZQnB3LzZfTjBDVlJJNDIwT0hPODBJS0U2VU5BVDFHQzA!/?x=1&PRESS_REL_NO=3325

Announcement from the Capital Market Authority regarding the listing of the First Issue of Saudi ORIX Leasing Company’s Sukuk

Announcement from the Capital Market Authority regarding the listing of the First Issue of Saudi ORIX Leasing Company’s Sukuk

According to an announcement by the Capital Market Authority, the listing and trading of the initial issue of Saudi ORIX Leasing Company’s Sukuk will take place on Sunday, January 13th 2013. Its symbol will be 1031.

Source: 

http://www.tadawul.com.sa/wps/portal/!ut/p/c1/04_SB8K8xLLM9MSSzPy8xBz9CP0os3g_A-ewIE8TIwP3gDBTA08Tn2Cj4AAvY_dQA30_j_zcVP3g1Dz9gmxHRQDAd8ca/dl2/d1/L2dJQSEvUUt3QS9ZQnB3LzZfTjBDVlJJNDIwT0hPODBJS0U2VU5BVDFHQzA!/?x=1&PRESS_REL_NO=3247