Afg International CompanyTADAWUL: 4240

The Board Of Directors Of Fawaz Abdulaziz Alhokair Company Has Recommended An Increase In The Company’s Capital Through Bonus Shares.

· Issued by Afg International Company
The Board Of Directors Of Fawaz Abdulaziz Alhokair Company Has Recommended An Increase In The Company's Capital Through Bonus Shares.

Fawaz Abdulaziz AlHokair Company announces that the Board of directors on his meeting 20-04-2014 has recommended to extraordinary general assembly meeting to increase the company's capital through bonus shares as following:

  1. Company's capital before increase is SAR 1,050,000,000 Millions, company's capital after increase SAR 2,100,000,000 Millions, with an increase by 100%.
  2. The number of shares before increasing 105,000,000 Millions shares, the number of shares after increasing 210,000,000 Millions shares.
  3. Offering 1 bonus shares for every 1 shares owned.
  4. The increasing will be doing through capitalization SAR 1,050,000,000 Millions from account
  5. The bonus shares is limited to the shareholders who are registered in the shareholder's register in the Securities Depository Center (Tadawul) at the close of trading on the extraordinary general assembly day, which will be determined later by the company.
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