Saudi Arabia’s Capital Market Authority (CMA) has approved Saudi Industrial Export Company’s request to reduce capital to SAR 10.8 million from SAR 108 million, the regulator said in a statement to Tadawul on Wednesday.
After the move, the number of shares will reduce from 10.8 million to 1.08 million.
The approval is conditional upon the company receiving the go-ahead from the extraordinary general assembly, as well as other procedures and regulations, the CMA added.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}