Edaa adjusts GO's investor portfolios after capital cut

18/02/2018 Argaam

 

Securities Depository Center Co. (Edaa) said it adjusted on February 18 the accounts of Etihad Atheeb Telecommunication Co.'s eligible shareholders after capital reduction.

 

Last week, the telecom’s extraordinary general assembly approved a 25 percent capital cut to SAR 472.5 million from SAR 630 million to offset accumulated losses, Argaam previously reported.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.