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HomeBusinessWaja's Board of Directors Approves Splitting Share Par Value into 50 Halals.

Waja’s Board of Directors Approves Splitting Share Par Value into 50 Halals.

On May 21, 2023, Waja’s board of directors decided to split the par value of the share from 10 rials per share to fifty halals per share.

And the company stated in a statement to Tadawul Saudi Arabia that the capital of the company will be kept unchanged and the number of shares of the company will become 70 million shares instead of 3.5 million shares, as stipulated in the regulations and regulations. and completion of legal proceedings, and he will announce any significant events if they occur in His time.

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Waga shares began trading on the Nomu parallel market on March 8, and the Saudi Arabian Capital Market Authority granted the company’s request to list its shares and offer 455,000 shares, representing 13% of its shares.

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