What is the value of Mulkia Investment's capital increase?

The increase is SAR 12 million, raising the capital from SAR 78 million to SAR 90 million.

What is the bonus share ratio for shareholders?

Shareholders will receive one free share for every 6.5 shares they hold.

What is the purpose of the capital increase?

The increase aims to strengthen the company's financial position, support growth plans, and maximize shareholder returns.

Was an employee stock program approved?

Yes, the assembly approved the establishment of an employee stock program and authorized the Board to determine its details.

When was the general assembly meeting held?

The meeting was held on July 15, 2026, and the results were announced on July 16, 2026.

Mulkia Investment Increases Capital by 15% via SAR 12M Bonus Share Issue

Mulkia Investment Company (9585) shareholders approved a 15.38% capital increase through a SAR 12 million bonus share issue, raising capital from SAR 78 million to SAR 90 million. The bonus shares will be distributed at a ratio of one free share for every 6.5 shares held, aiming to strengthen the financial position, support growth plans, and maximize shareholder returns.

Mulkia Investment Company (Ticker: 9585) announced the results of its Extraordinary General Assembly Meeting held on July 15, 2026, at the company's headquarters in Riyadh via modern technology, with 63.15% shareholder attendance.

Capital Increase Details

The assembly approved a capital increase of SAR 12 million (15.38%) by capitalizing retained earnings, raising the capital from SAR 78 million to SAR 90 million. The number of shares will increase from 7.8 million to 9 million, with a bonus share ratio of one free share for every 6.5 shares held.

Objectives

The increase aims to:

Strengthen the company's financial position.
Support future growth plans.
Maximize shareholder returns.

Employee Stock Program

Shareholders also approved the establishment of an employee stock program, authorizing the Board of Directors to determine its terms and details.

Context

This move is part of Mulkia Investment's strategy to enhance its financial structure and support expansion in the financial services sector. The company has not announced any management changes or future dividend plans.

What It Means for Investors

A capital increase via bonus shares does not change the company's total market value; it increases the number of outstanding shares, which may lead to an adjustment in the share price to reflect the same value. Investors are advised to follow subsequent disclosures regarding share distribution and entitlement dates.