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Shareholders of Malikia approve capital increase to 90 million riyals through free share distribution

Shareholders of Malikia approve capital increase to 90 million riyals through free share distribution

Malikia Investment Company has approved a capital increase from 78 million riyals to 90 million riyals, an increase of 12 million riyals, through a free stock dividend of 15.38%. For every 6.5 shares owned, shareholders will receive one free share. The step aims to strengthen the company's financial position and expand its operations, alongside amending the company’s bylaws and establishing an employee stock program. The new shares will be added to shareholders’ portfolios before their trading begins on July 20, 2026.

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