Edaa applies Canadian Medical Center’s stock split measures

Logo of Canadian Medical Center Co. (CMCER) 

The Securities Depository Center Co. (Edaa) applied today, July 2, the stock split measures resulting from reducing the nominal value of Canadian Medical Center Co.’s (CMCER) shares to the accounts of eligible shareholders.

Shareholders of CMCER approved the board’s recommendation on reducing the stock’s nominal value to SAR 1 from SAR 10 during the extraordinary general meeting (EGM) held on June 20, Argaam earlier reported.