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Arabtec to discuss updates on recapitalisation early May

Arabtec to discuss updates on recapitalisation early May
One of Arabtec's projects (Photo Credit: Arabianeye-Reuters)
Arabtec Holding
ARTC
-3.29% 0.53 -0.02

Dubai – Mubasher: Arabtec Holding said its board will meet on 1 May to discuss recent updates regarding the recapitalisation programme, according to a bourse statement.

The shareholders had earlier approved on 18 April the decision to continue with the company’s operations as well as developments to the recapitalisation programme.