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Argaam EnglishSaudi Arabia

‎Rimath Hospitality board recommends stock split

‎ Logo ofRimath Hospitality Co. Rimath Hospitality Co. ’s board of directors recommended splitting the stock nominal value from SAR 10 to SAR 0.5, according to a statement to Tadawul. Thus, the number of shares will increase to 39 million from 1.95 million, with no change to share capital. Stock Split Details Current Capital SAR 19.5 mln Number of Shares 1.95 mln Share Par Value SAR 10 New Capital SAR 19.5 mln New No. of…

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