Element List | Explanation |
---|---|
Introduction | Arab Sea Information Systems Company announces the receipt of its subsidiary (Arab Sea Financial) the Central Bank of Saudi Arabia’s letter No. (44093150) dated 16/12/1444, which includes the Central Bank’s no-objection regarding the increase of the company’s capital from five million Saudi Riyals to fifteen million Saudi Riyals |
Previous Announcement | Arab Sea Information Systems Company announces the approval of its Board of Directors by circulation to raise the capital of one of its subsidiaries |
Date of Previous Announcement on Tadawul’s Website | 2023-06-05 Corresponding to 1444-11-16 |
Percentage of fulfilled achievement | do not apply |
Event’s Expected Completion Date | Upon completion of completing the requirements from the relevant authorities |
Reasons for Exceeding the Announced End Date | do not apply |
The costs associated with the event, and if they have changed or not with indication of the reasons. | There are no costs associated with the event |
Impact of the Delay on the Company’s Financial Results | do not apply |