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Dec 21 2005

Tabuk Cement, Al-Ahsa Increase Shares in NIC

RIYADH, 21 December 2005 -- The shares of Tabuk Cement Company and Al-Ahsa Development Company in the National Industrialization Company have increased as a result of NIC increasing its capital by issuing additional stocks to the current shareholders.

If the capital increase of NIC is approved, Tabuk's additional shares will be 990,000 shares and Al-Ahsa's will be 330,000.

© Arab News 2005

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