| Element List | Explanation |
|---|---|
| Introduction | Further to the company’s announcement published on the Tadawul website on 04/09/1444 corresponding to 11/03/2022 regarding the Board of Directors’ recommendation to reduce the company’s capital, United Wire Factories Company would like to announce to shareholders that it has appointed Yaqeen Financial Company (Yaqeen Capital) as a financial advisor on 12 / 05/ 1444 corresponding to 06/12/ 2022, in order to manage the process of reducing the company’s capital and to carry out all related procedures. |
| Name of Financial Advisor | Yaqeen Financial Company (Yaqeen Capital) |
| Financial Advisor Appointment Date | 2022-12-06 Corresponding to 1444-05-12 |
| Additional Information | The company will announce when submitting the company’s capital reduction request file to the Capital Market Authority and any future developments regarding capital reduction, if available. |
Related Posts
United Wire Factories Co. announces the formation of the Audit Committee
Element ListExplanationIntroduction United Wire Factories Co. (Aslak) announces the decision of the Board of Directors to form the Audit... read more
Announcement Details United Wire Factories Company Announces the Execution of a Non-Binding Agreement in connection with the Acquisition of forty percent (40.0%) of Issued Shares in Al Raeda Industrial Investment Company, in return for Issuing New Shares for the Selling Shareholders of Al Raeda Industrial Investment Company in United Wire Factories Company
Element ListExplanation Introduction With reference to United Wire Factories Company's ("ASLAK" or the "Company") announcement dated... read more
United Wire Factories Co. Announces the Deposit Date of Sums Resulting from Selling Fractional Stocks Following Decrease of the Company’s Capital in the Accounts of Eligible Shareholders
... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
... read more
United Wire Factories Co. announces the board of director’s decision to distribute cash dividends for the 4th quarter 2023 and for the period 9 months 2024
Element ListExplanation Introduction United Wire Factories Company ASLAK announces the decision of the Board of Directors... read more
United Wire Factories Co. announces its Annual Financial Results for the Period Ending on 2019-12-31
ELEMENT LIST
CURRENT YEAR
PREVIOUS YEAR
%CHANGE
Sales/Revenue
724.4
535
35.401
Gross Profit (Loss)
61.6
46.1
33.622
Operational Profit (Loss)
32.9
17
93.529
Net Profit (Loss) after Zakat and Tax
22.1
7.1
211.267
Total Comprehensive Income
23.2
7.6
205.263
Total Share Holders Equity (after... read more
Addendum Announcement from United Wire Factories Co. in regards to extending the nomination period for Board of Directors membership for the upcoming term
Element List
Explanation
Introduction
reference to the United Wire Factories Company (Aslak) announcement dated 08-12-2024G corresponding to 07-06-1446H regarding the opening... read more
United Wire Factories Co. announces its Annual Estimated Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 1,026.4921.311.41 Gross Profit (Loss) 107.385.225.94 Operational Profit (Loss) 67.856.420.21 Net Profit (Loss)... read more
United Wire Factories Co. Announces Calling Candidature for Board Members Elections for the 5th session
Element ListExplanationIntroductionUnited Wire Factories Co (Aslak) Announces Calling Candidature for Board Members Elections for the next (fifth) session and for... read more
United Wire Factories Company announces the latest developments regarding its previous announcement of signing a memorandum of understanding with A-1 Fence DMCC (UAE) to acquire a share in the ownership of A-1 FENCE Arabian Industrial Company, which is wholly owned by A-1 FENCE DMCC (UAE)
Element List
Explanation
Introduction
Further to the announcement of the United Wire Factories Company (the “Company”) on March 8, 2023, regarding... read more
