Dallah Health Plans 20% Capital Boost
Dallah Health Services Company has announced an invitation to its shareholders to attend the extraordinary general assembly meeting on August 30, 2026, to discuss increasing the company's capital by 20%, from 1.02 billion Riyals to 1.22 billion Riyals, through the distribution of free shares at a rate of one share for every five shares owned. The move aims to strengthen financial solvency and keep pace with its growing asset base. The funding will be sourced by capitalizing a portion of the statutory reserve and share premium, with shares allotted based on shareholders' holdings at the end of the meeting day. Fractions of shares will be handled by selling them and distributing the proceeds to shareholders. Additionally, there will be a discussion on amending certain articles of the company's bylaws related to capital and share subscription.
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