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Addendum Announcement from Basic Chemical Industries Co. in regards to Co. Board invitation for its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting) via modern technology means.
| Element List | Explanation |
|---|---|
| Introduction | Referring to the company’s announcement issued on the Tadawul website on 17/04/2025 regarding the invitation to the company’s honorable shareholders to participate and vote in the Ordinary General Assembly meeting (first meeting). We draw your attention to the adding of one agenda item "Voting on the Board of Directors’ recommendation to distribute cash dividends to shareholders for the fiscal year 2024" |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2025-04-17 Corresponding to 1446-10-19 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | Adding one agenda item: -Voting on the Board of Directors’ recommendation to distribute cash dividends to shareholders for the fiscal year 2024 at a rate of SAR 1 per share, representing 10% of the nominal value of each share, with a total amount of SAR 27,500,000. Eligibility for the dividends shall be for shareholders holding shares at the end of the trading day on the date of the General Assembly meeting and who are registered in the Company’s shareholders register with the Securities Depository Center Company (EDAA) at the end of the second trading day following the date of entitlement. The distribution date will be announced within 15 working days after the General Assembly approves the recommendation. |
| Financial Impact on the change | None |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 25.0
Net Change -0.05 (-0.2%)
Value Traded (Sar) 376,481.2
Volume Traded 14,988
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