Mr Viral
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Logo ofBalsm Alofoq Medical Co.
Balsm Alofoq Medical Co.’s shareholders will vote on increasing capital by 100% from SAR 12.5 million to SAR 25 million through a bonus issueduring an extraordinary general meeting (EGM) to be held on Dec. 21.
Capital Increase Details
Current Capital
SAR 12.50 mln
Number of Shares
1.25 mln
New Capital
SAR 25 mln
New Number of Shares
2.50 mln
Percentage of Increase
100% (one-for-one bonus issue)
Reason
To enhance the company’s strategic growth plan…
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