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Naseej Shareholders Vote on Capital Hike via Rights Issue Aug. 26
Naseej International Trading Co. shareholders on Aug. 26 will vote on a SAR 163.5 million rights offering to address accumulated losses and support growth.
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Naseej International Trading Co. shareholders will vote on Aug. 26 on a capital increase through a SAR 163.5 million rights offering, the company said in a statement to Tadawul.
Proceeds are intended to settle financial obligations and support the company's growth strategy. The board's recommendation, issued in July 2026, aims to address accumulated losses that had reached half of Naseej's capital, triggering Article 132 of the Companies Law.
Shareholders registered with the Security Depository Center (Edaa) as of the close of the second trading day after the extraordinary general meeting will be eligible to vote.
How this story was producedLast reviewed Jul 23, 2026
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.
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