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Capital Market Authority approves 20% Dallah Healthcare capital increase
The Capital Market Authority has approved a 20% increase in Dallah Healthcare Services Company's capital, raising it from 1.016 billion SAR to 1.219 billion SAR. This will be achieved through the distribution of free shares at a rate of one share for every five existing shares. The increase will be financed by transferring 109.53 million SAR from the share premium and 93.61 million SAR from statutory reserves, resulting in an increase from 101.57 million to 121.89 million shares. It is a condition that the extraordinary general assembly meeting is held within six months from the date of approval.
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