Companies Law
Art. 118Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
Conversion of Debt Instruments and Financing Sukuk
The company may convert debt instruments or financing sukuk into shares in
accordance with the Capital Market Law upon the approval of their holders,
whether such approval is provided as part of the issuance conditions or
pursuant to a subsequent agreement.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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