‎Al Kathiri plans 61.27% capital reduction to offset losses

​‎

Logo ofAl Kathiri Holding Co.

Al Kathiri Holding Co. said its board of directors recommended, on July 1, a 61.27% capital cut to SAR 43.78 million from SAR 113.02 million, to restructure capital and offset accumulated losses.

Advertisement

‎

Logo ofAl Kathiri Holding Co.

Al Kathiri Holding Co. said its board of directors recommended, on July 1, a 61.27% capital cut to SAR 43.78 million from SAR 113.02 million, to restructure capital and offset accumulated losses.