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Future Vision shareholders approve capital increase
Future Vision for Health Training Company has approved a 100% increase in its capital, raising it from 10 million Riyals to 20 million Riyals. This will be achieved through granting free shares to shareholders at a rate of one free share for each share owned, with the aim of strengthening the capital base and developing the administrative structure. The company's bylaws have been amended, and the date for the entitlement of the bonus shares has been set. Additionally, fractional shares will be addressed through selling and distributing the proceeds. Changes have also been made to the company's foundational regulations to reflect the new structure. Shareholders have been informed of the financial results for 2025, and a new auditor has been appointed for the company.
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