Riyadh – Mubasher: Naseej International Trading Company intends to hold a virtual meeting with shareholders to discuss the board of directors' recommendation to increase the company’s capital via a rights issue.
The proposal is subject to approval at the upcoming Extraordinary General Meeting (EGM), according to a bourse disclosure.
The meeting is scheduled to take place via modern technology on Wednesday, 15 July 2026.
The session will commence at 04:30 Saudi Arabia time. According to the company, the gathering aims to provide updates on corporate developments and address shareholder inquiries regarding the planned capital restructuring.
Investors can access the meeting through the provided digital link or contact the investor relations department via the direct telephone number 0126222608 for further information.
The company emphasized that this initiative is part of its commitment to maintaining transparent communication and positive engagement with its investor base.
No specific financial targets or the total value of the proposed rights issue was disclosed in the announcement.
Naseej International recently unveiled a new strategic direction aimed at achieving sustainable returns on equity by diversifying its revenue sources.
The company plans to reduce its primary reliance on the carpet and rug industry, shifting instead toward a balanced portfolio of diverse investments.
