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.

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