Tuesday, 13 May 2025

‎“Nafouth” GA agrees to divide share nominal value from 10 ‎riyals to one riyal

Nofouth Food Products Company announces to its valued shareholders the results of the Extraordinary General Assembly meeting (the first meeting), which was held on Monday, which included approval of the splitting of the nominal value of the share from 10 riyals to one riyal, as follows:

– The nominal value of the share before the amendment: 10 riyals.

– The nominal value of the share after the amendment: one riyal.

اقرأ المزيد

The number of shares before the amendment: 2.4 million shares.

The number of shares after the amendment: 24 million shares

The company clarified that there is no change in the capital before and after the process of dividing the shares.

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