Edaa implements corporate action on Anaam

05/01/2020 Argaam

 

The Securities Depository Center Co. (Edaa) implemented the securities quantity decrease for Anaam International Holding Group into the accounts of eligible shareholders.

 

The decision will come into force from today, Jan. 5, 2020, it said in a bourse filing.

 

The company recently approved the recommendation of reducing capital by 92.35% from SAR 196 million to SAR 15 million to offset SAR 181 million worth of accumulated losses.

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