Companies Law
Art. 106Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
Shares may not be issued for less than their nominal value. However, they may
be issued for more than their nominal value if provided for in the company’s
articles of association or if approved by the extraordinary general assembly; in
such case, the difference in value shall be added in a separate item as part of
the shareholders’ rights, and the Regulations shall specify its terms of use.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded