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ADES Holding Doubles Capital With 1.13B SAR Bonus Issue

Al Khobar, Saudi Arabia — ADES Holding Company shareholders approved a 100% capital increase on October 28, 2026, doubling the company’s share capital from 1.13 billion SAR to 2.26 billion SAR. The move adds 1,129,062,513 new shares funded entirely from the share premium account — costing existing shareholders nothing. Shareholders holding 76.75% of shares participated […] The post ADES Holding…

We haven't written up this one. The Saudi Standard has the full story — the link below goes straight to it.

Read the original at saudistandard.com →

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