The Share Capital Increase of the Shira' Real Estate Development & Investment Co.

التاريخ
Ref. :8/11/5048
Date: 07/10/2019

Memo No.
(57/2019)

Members of SDC of Brokers and Custodians 
 
Dear General Manager, 
 
Subject: The Share Capital Increase of the Shira' Real Estate Development & Investment Co.
 
Greetings,
Kindly be informed that the SDC will carry on the process of registering the share capital increase of the Shira' Real Estate Development & Investment Company on Tuesday 08/10/2019 through capitalization of the amount of (2,653,193) shares and distributing them as stock dividends to all shareholders of the company in proportion to the percentage of their contributions in the company capital.
 
The share capital increase of the said amount will result in raising the registered capital to (10,569,457) shares.
 
Kind Regards,

Khalil Naser 
Chief Executive Officer
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