Al-Jouf Water gets CMA nod to increase capital via bonus issue

13/11/2022 Argaam

Al-Jouf Mineral Water Bottling Co. obtained, on Nov. 10, the approval of the Capital Market Authority (CMA) to increase its capital from SAR 31.25 million to SAR 46.87 million, according to a statement to Tadawul.

 

The capital increase will be effected through a one-for-two bonus share distribution, to shareholders registered with the Securities Depository Center (Edaa) at the end of second trading day following the general meeting date.

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