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Nasij shareholders OK 150% capital boost

Nasij shareholders OK 150% capital boost

Naseej International Trading Company approved a 150% capital increase through the issuance of 16.35 million rights shares, aimed at addressing accumulated losses that amount to half of its capital and strengthening its financial position. The approval received 84.62% of shareholder votes. The purpose of the increase is to provide liquidity to fund future growth and support the company's plans, along with amending its bylaws to align with the new capital structure.

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