On Monday, the investors of the Saudi financial market “Tadawul” are awaiting a set of important events affecting the movement of the market and the performance of shares, in the dates announced in official sources.
During the following lines, we review several events that investors closely await, and they constitute factors affecting investment decisions and market trends, and include a number of public societies, eligibility dates and disbursement of cash distributions as well as new inductions.
Among them is the contract of the Saudi Cooperative Insurance Company, “Anaya”, an unusual general assembly to vote to amend the company’s basic system in line with the new companies system and rearrange the system materials and numbering them to comply with the proposed amendments.
The Nivat Finance Company “Nayefat” also holds its unusual public association to vote on the purchase of treasury shares, transfer the full backfill balance of the remaining profits, and amend some of the articles of the statute.
Naba Al -Health Company for Medical Services “Naba Health” also holds its general assembly to vote on the integration of its entire medical lights.
It is also 3 dates for the right to cash profits, which is the company “Jaz” at a rate of 23% of the nominal value of the share and by 0.23 riyals per share for the second half of the fiscal year 2024.
The right to the cash distribution of the shareholders of “Amak” company, at a rate of 11.8% of the nominal value of the share, and by 1.18 riyals per share for the second half of the fiscal year 2024.
As well as the right to the cash distribution of the shareholders of “Addis” company at a rate of 22 % of the nominal value of the share and by 0.22 riyals per share for the second half of the fiscal year 2024.
It is also time for a new listing for the company “Dray” in the main market after the approval of the Capital Market Authority at the end of last year to offer the company to 49.94 million ordinary shares, which represents 20% of its shares.
Dr. Sulaiman Al Habib Group for Medical Services, “Suleiman Al Habib Medical”, spends cash profits for its shareholders at a rate of 1.23 riyals per share, at a rate of 12.3% of the nominal value of the share.
