Idarat shareholders approve 50% capital boost
The Management Company for Communications and Information Technology has approved a 50% increase in its capital, raising it from 50.4 million SAR to 75.6 million SAR through the distribution of free shares, at a rate of one share for every two shares. The aim is to support expansion and sustainable growth. The General Assembly also agreed not to ratify contracts with related parties, approved the financial statements and the Board of Directors’ report for 2025, and decided to distribute bonuses and update internal policies to ensure good governance.
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