Taiba announces the decision of the Board of Directors of Alraha Industrial Company (one of the subsidiaries of Taiba Holding) to call the second installment of the industrial capital of the arm

The Board of Directors of Al-Arafa Industrial Company – Closed Joint Stock Company (one of the subsidiaries of Taiba Holding Company, which has a good contribution rate of 95% of its capital) held its meeting on Wednesday 29/2/2012 at the company’s headquarters in Medina. The capital of Al-Araka Industrial Company is 250 million riyals by 25% of the capital of SR 1,000 million. The paid-up capital is 500 million riyals with 50% of the capital. The paid-up capital of the existing arm is 250 million riyals. On the results of the partners’ contribution and ownership ratios in the light of the above Which is expected to be completed before the end of the first quarter of this year 2012.