Logo ofSaudi Printing and Packaging Co. (SPPC)
Saudi Printing and Packaging Co.’s (SPPC) shareholders approved the board’s recommendation to continue the company’s operations after its accumulated losses have reached half of the share capital. 
The approval was given in an extraordinary general meeting (EGM) on Oct. 7, according to a statement to Tadawul.
SPPC highlighted that the board proposal aligned with Article (132) of the Companies Law.
Shareholders further agreed to review the board’s plan to address the loss and improve the capital structure, the statement added.
Logo ofSaudi Printing and Packaging Co. (SPPC)
Saudi Printing and Packaging Co.’s (SPPC) shareholders approved the board’s recommendation to continue the company’s operations after its accumulated losses have reached half of the share capital.
The approval was given in an extraordinary general meeting (EGM) on Oct. 7, according to a statement to Tadawul.
SPPC highlighted that the board proposal aligned with Article (132) of the Companies Law.
Shareholders further agreed to review the board’s plan to address the loss and improve the capital structure, the statement added.
