Element List |
Explanation |
Introduction |
No English translation, kindly refer to the Arabic version |
Date of Board Meeting |
2020-10-27 Corresponding to 1442-03-10 |
Capital before decrease |
No English translation, kindly refer to the Arabic version |
Capital after decrease |
No English translation, kindly refer to the Arabic version |
Percentage of Capital decrease |
37.64 % |
Number of Shares before Decrease |
55000000 |
Number of Shares after Decrease |
34300000 |
Reasons for the Capital Decrease |
No English translation, kindly refer to the Arabic version |
Method of Capital Decrease |
No English translation, kindly refer to the Arabic version |
Impact of the Capital Decrease on the Company's Obligations, Operations or Operational, Financial or Organizational Performance of the Company |
No English translation, kindly refer to the Arabic version |
Date of reduction |
The End of the Second Trading Day after the Extra Ordinary General Assembly Meeting in which Decrease was Resolved |
Approvals |
No English translation, kindly refer to the Arabic version |
Appointment of a Financial Advisor and the Submission of the Application for Capital Decrease to CMA |
No English translation, kindly refer to the Arabic version |
Additional Information |
No English translation, kindly refer to the Arabic version |
Comments