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30 November 06:59 AM

The capital reduction will be implemented by canceling 410.55m shares
Gulf Cement Co's shareholders nod to 50% capital cut

Mubasher: The ordinary general meeting (OGM) of Gulf Cement Co.has approved a capital reduction by 50% to AED 410.55 million from AED 821.1 million to extinguish the accumulated losses as of 30 September 2020. The capital reduction will be …
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Gulf Cement Co's shareholders nod to 50% capital cut Management Decisions
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