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Arabtec Holding obtains approval for capital cut

Arabtec Holding obtains approval for capital cut
The entitlement date will be 22 June, while the ex-date will be on 28 June
Arabtec Holding
ARTC
-3.29% 0.53 -0.02

Dubai – Mubasher: Arabtec Holding has obtained the regulatory approval for its share capital reduction from AED 6.1 billion to AED 1.5 billion, according to a bourse statement.

The entitlement date will be 22 June, while the ex-date will be on 28 June.