The CMA has approved Dar Alarkan Real Estate Development Company request to increase its  capital from SR 5,400,000,000 to SR 7,200,000,000 through issuing 180,000,000 bonus shares for every three 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 1,800,000,0000 from the Retained Earnings  to the company`s capital. Consequently, increasing company`s outstanding shares from 540,000,000 shares to 720,000,000 shares, an increase of 180,000,000 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.