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Banan Real Estate Co. Announces the board’s recommendation to split the nominal value of the share.
11/05/2023
| Element List | Explanation |
|---|---|
| Announcement Detail | Banan Real Estate Company announces the recommendation of the Board of Directors to the Extraordinary General Assembly of the company in its meeting held on 20/10/1444, corresponding to 10/05/2023, to split the nominal value of the share from (10) ten riyals per share to (1) one riyal per share, while keeping the company’s capital unchanged, and thus the number of the company's shares will become (200) million shares instead of (20) million shares, with the company's commitment to complete the necessary related procedures. Related developments will be announced in due course. |
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