Riyadh – Mubasher: Fesh Fash Snack Food Production Company has invited its shareholders to attend the Extraordinary General Assembly meeting on 7 June 2026 which includes the resolution on increasing the capital through a free shareholder subscription.
The company notified its equityholders registered in Tadawulaty services that electronic remote voting on the items of the general assembly began at 1:00 AM on 3 June and will continue until the end of the assembly session.
The board members of Fesh Fash earlier recommended a 75% capital hike that will result in a share increase rate of three bonus shares granted for every four existing shares held by the owners of the company.
The company will capitalize SAR 8.47 million from the retained earnings account to carry out the capital increase from SAR 11.30 million to SAR 19.77 million.
Accordingly, the number of shares will rise from 11.30 million to 19.77 million shares after the capital hike transaction, which aims to support the company's growth plan and strengthen its financial position.
