APICO sets authorized capital at SAR 100M

17/12/2023 ِArgaam
Logo ofArabian Plastic Industrial Co. (APICO)

Logo of Arabian Plastic Industrial Co. (APICO)

Arabian Plastic Industrial Co.’s (APICO) shareholders approved the placement of the company’s authorized capital after amendment at SAR 100 million, with no change in the number of shares, according to a statement to Tadawul. 

 

This came during the company’s extraordinary general meeting (EGM) held on Dec. 14, the statement added. 

 

Shareholders also ratified the other agenda items, including the amendment of the company's bylaws in accordance with the new Companies Law.

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