Chapter Five Increasing the Capital of a Public Shareholding Company
التاريخ
| Article (112) | Increasing the Authorized Capital | |
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The Public Shareholding Company may increase its authorized capital with the approval of its extraordinary General Assembly if such capital has been subscribed for in full, provided that the approval shall contain the method of underwriting the increase.
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| Article (113) | Methods of Increasing the Capital | |
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Subject to Securities Law, the Public Shareholding Company may increase its capital by one of the following methods or by any other method approved by the Company's General Assembly:
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| 1. |
Offer the increase shares for subscription by shareholders or others.
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| 2. |
Incorporation of the voluntary reserve or the accumulated deferred profits or both to the Company's capital.
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| 3. | Capitalization of the debts due by the Company, or any part thereof, provided that the written approval of these debts’ creditors is obtained. | |
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Transferring the transferable bonds to shares, in accordance with the provisions of this Law.
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sdc ref id
232
Last update Thursday on 23-11-2023 at 15:26:57
