Companies Law
Art. 129Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The extraordinary general assembly may, if provided for in the company’s
articles of association, suspend the preemptive rights of shareholders to
subscribe to the capital increase against cash contributions or may grant such
rights to non-shareholders in cases it deems beneficial to the company.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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