Riyadh – Mubasher: Future Vision for Health Training Company invited its shareholders to participate in an extraordinary general meeting (EGM) scheduled for 17 June 2026, which includes voting on a proposed 100% capital raise, according to a bourse filing.
The company plans to increase the share capital by SAR 10 million through the issuance of bonus shares, alongside a comprehensive restructuring of the corporate bylaws and the review of the 2025 fiscal year performance.
The board of directors is seeking shareholder approval to double the company’s capital from SAR 10 million to SAR 20 million.
This expansion is intended to be executed by capitalizing the SAR 10 million from the company’s share premium account.
Under the proposed terms, the total number of shares will increase from 10 million to 20 million shares, with existing shareholders receiving one bonus share for every one share currently held.
Eligibility for the bonus shares will be determined by the ownership of shares at the end of the trading day of the assembly, for those registered in the company’s records at the Securities Depository Center (Edaa) by the end of the second trading day following the meeting.
In addition to the capital hike, the assembly will address a significant overhaul of the company’s internal governance framework.
Furthermore, the company proposes the deletion of several articles, with these provisions currently governing the roles and authorities of the Chairman, Vice Chairman, Managing Director, and board secretary. Articles 7 and 8 of the bylaws will also be updated to reflect the revised capital and subscription details.
Future Vision recently extended its Continuing Professional Development (CPD) accreditation from the Saudi Commission for Health Specialties (SCFHS) to continue its operations as a provider of programs and activities.
