| ELEMENT LIST | EXPLANATION |
|---|---|
| Date of Board Meeting | 2020-01-13 Corresponding to 1441-05-18 |
| Capital before decrease | No English translation, kindly refer to the Arabic version |
| Capital after decrease | No English translation, kindly refer to the Arabic version |
| Percentage of Capital decrease | 20 % |
| Number of Shares before Decrease | 43875000 |
| Number of Shares after Decrease | 35100000 |
| Reasons for the Capital Decrease | No English translation, kindly refer to the Arabic version |
| Method of Capital Decrease | No English translation, kindly refer to the Arabic version |
| Impact of the Capital Decrease on the Company’s Obligations, Operations or Operational, Financial or Organizational Performance of the Company | No English translation, kindly refer to the Arabic version |
| Date of reduction | The End of the Second Trading Day after the Extra Ordinary General Assembly Meeting in which Decrease was Resolved |
| Approvals | No English translation, kindly refer to the Arabic version |
| Appointment of a Financial Advisor and the Submission of the Application for Capital Decrease to CMA | No English translation, kindly refer to the Arabic version |
Related Posts
United Wire Factories Co. announces signing a Memorandum of Understanding with A-1 Fence DMCC (UAE)
Element ListExplanation Introduction United Wire Factories Co. Announces the signing of a (non-binding) Memorandum of Understanding... read more
Corrective announcement from the United Wire Factories Company regarding its previous announcement about the latest developments regarding its signing of a memorandum of understanding with A1 Fence DMCC (UAE) to acquire a share in the ownership of A1 Fence Arabian Industrial Company, which is wholly owned by A1 Fence DMCC. (Emirati)
Element ListExplanation Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2023-10-03... read more
United Wire Factories Co. Announces the Board of Directors’ recommendation regarding transferring the company’s statutory reserve to retained earnings
Element ListExplanationAnnouncement Detail United Wire Factories Company announces the issuance of the Board of Directors’ recommendation to the... read more
The United Wire Factories Co. announces the latest developments regarding its previous announcement of signing a memorandum of understanding with A-1 Fence DMCC (UAE)
Element ListExplanation Introduction Further to the announcement of the United Wire Factories Co. (the “Company”) that... read more
United Wire Factories Co. announces the results of the Sixteenth Extraordinary General Assembly Meeting, which included the approval of reducing the company’s capital (first meeting)
Element ListExplanation Introduction United Wire Factories Co. announces the results of the Extraordinary Sixteenth Extraordinary General... read more
United Wire Factories Company (ASLAK) Invites Its Shareholders To Attend the 15th Ordinary General Assembly Meeting (The First Meeting)
... 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
A corrective announcement from the United Wire Factories Company regarding its announcement of the start date of electronic voting on the items of the Extraordinary General Assembly Meeting (Sixteenth) that include reducing the company’s capital (first meeting) through modern technology
Element ListExplanation Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2023-07-27... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
... read more
Aslak opens new factory in Al Kharj
United Wire Factories Co. (Aslak) inaugurated its new factory in Al Kharj Industrial City, spanning 15,000 square meters.
In a... read more
