Future Vision shareholders approve 100% capital hike via bonus issue

Future Vision for Health Training Co. shareholders approved a 100% capital increase through a bonus issue, the company said in a bourse filing.

The Riyadh-listed firm will raise capital to SAR 20 million from SAR 10 million by capitalizing the full share premium account. The move adds 1 million shares at SAR 10 each, distributed as one bonus share for every existing share held.

Eligibility for the bonus shares is tied to those on the shareholder register at the close of trading on the day the Tadawul sets for the increase. The company did not specify a record date in the filing.

The capital hike comes as Future Vision, which provides healthcare training and simulation services, looks to strengthen its equity base. The company has not announced any related acquisition or expansion plan alongside the increase.

Share premium capitalization is a common mechanism for Saudi-listed firms to adjust capital structure without requiring new cash from shareholders. The move does not change the company's market capitalization or each shareholder's proportional ownership.