Brand of the Saudi Industrial Growth Firm – Consider
She introduced Saudi Industrial Growth Firm – SADAK Figuring out the interval for buying and selling precedence rights and subscribing to new shares.
The corporate added that the rights buying and selling interval will start on Wednesday, November 12, 2025, and finish on Wednesday, November 19, 2025. Subscription for brand spanking new shares will start on November 12, and the subscription interval for brand spanking new shares will proceed till Monday, November 24, 2025.
16.5 million new shares will probably be supplied at an providing value of 10 riyals per share by issuing precedence rights shares to lift the capital by about 122.2% to 300 million riyals, divided into 30 million shares.
The ultimate prospectus said that eligible individuals have the suitable to train their proper to subscribe to precedence rights shares by subscribing electronically by way of digital brokers’ platforms.
Eligible individuals may train precedence rights as follows:
Shareholders registered through the subscription interval have the suitable to train the rights granted to them on the eligibility date and any extra rights they bought after settling the rights buy course of straight (two enterprise days) through the buying and selling interval by subscribing to new shares. Additionally they have the suitable to not take any motion concerning the rights they personal.
Through the subscription interval, new buyers have the suitable to train the rights they bought instantly after settling the rights buy course of (two enterprise days) through the buying and selling interval by subscribing to the brand new shares. Additionally they have the suitable to not take any motion concerning the rights they personal.
If not one of the registered shareholders or new buyers train their proper to subscribe for brand spanking new shares through the subscription interval, the shares related to these rights will probably be supplied through the remaining providing interval.
Based on the info out there on numbersThroughout its latest assembly, the Extraordinary Normal Meeting of Sedq Firm accepted the Board of Administrators’ suggestion to extend the capital by 165 million riyals by providing precedence rights shares.
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Particulars of capital improve
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Present capital
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135 million riyals
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Present variety of shares
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13.5 million shares
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Improve share
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122.22 %
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Capital after improve
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300 million riyals
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Variety of shares after the rise
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30 million shares
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Cause for growing capital
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Enabling the corporate to implement its operational plans, assist working capital, and strengthen its monetary place
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due date
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November 6, 2025 and for these registered within the firm’s shareholder register on the Securities Depository Heart on the finish of the second buying and selling day following the date of the Normal Meeting.
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Crucial details about rights shares
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Variety of shares supplied
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16.5 million shares
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Provide value
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10 riyals
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Model dimension
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165 million riyals
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Entitlement issue
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Every restricted shareholder is granted roughly 1,222 rights for each single share he owns
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Provide proceeds
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Working capital financing
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73.00
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Launching the brand new id shops for “Sleep Excessive”
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40.00
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Reimbursement of some credit score services
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22.00
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Automation of manufacturing traces
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20.00
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Implementing an enterprise useful resource planning system (ERP )
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4.00
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Providing prices
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6.00
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Whole
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165.00
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Extra data
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Monetary advisor, underwriting supervisor and underwriter
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Alinma Monetary
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