The CMA has approved Qassim Cement Co. request to increase its capital from SR (450 Million) to SR (900 Million) through issuing (1) bonus shares for every existing (1) shares owned by the shareholders who are registered in the shareholders register at the closing of trading on the extraordinary general assembly day. Such increase will be paid by transferring an amount of SR (200 Million) from the (Statutory Reserve), in addition to (250 Million) from the (Retained Earnings) to the company`s capital. Consequently, increasing company`s outstanding shares from (45 Million) shares to (90 Million) shares, by an increase of (45 Million) shares. The bonus shares eligibility is limited to the shareholders who are registered in the shareholders register at the close of trading on the extraordinary general assembly day, which will be determined later by the company`s board.