Ghida Alsultan BOD recommends stock nominal value split from SAR 10 to 50 Halalas

Ghida Al-Sultan Fast Food Company announced the recommendation of the Board of Directors to the Extraordinary General Committee of the company issued by the Board of Directors’ decision by circulation to split the nominal value of the stock from (10) riyals to (0.50) riyal per stock. Thus it will become the number of company stocks is 64 million stocks instead of 3.2 million stocks while keeping the company’s capital unchanged, with the company’s commitment to complete the necessary relevant procedures.