The Capital Market Authority has approved the request of Dallah Health Services Company to increase its capital from 1.015 billion riyals to 1.22 billion riyals, through the issuance of bonus shares to shareholders.

The Authority clarified in its statement issued today, Sunday, that the increase will be carried out by granting one free share for every five shares owned, with eligibility to be determined for the company's shareholders registered in the shareholder register at the Securities Depository Center at the end of the second trading day following the eligibility date, which the company's board of directors will determine later.

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It also stated that the increase will be financed by transferring 109.53 million riyals from the 'share premium' item and 93.61 million riyals from the statutory reserve, resulting in raising the number of shares from 101.57 million shares to 121.89 million shares, an increase exceeding 20.31 million shares.

The Authority stressed that the extraordinary general assembly meeting must be held within six months from the date of approval, with the company committed to completing all related regulatory requirements and procedures.