Edaa implements corporate action on Amiantit

11/09/2019 Argaam

 

The Securities Depository Center Co. (Edaa) has implemented the securities quantity decrease for Saudi Arabian Amiantit Co. into the accounts of eligible shareholders today, Wednesday, Sep. 11, it said in a statement.

 

Earlier this week, the company’s shareholders approved a 70.2 percent capital cut to SAR 344.52 million from SAR 1.155 billion to offset accumulated losses.

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