Logo of Abdulmohsen Alhokair Group for Tourism and Development
Abdulmohsen Alhokair Group for Tourism and Development offset its accumulated losses in full, following a capital reduction by SAR 335 million to SAR 315 million, the company said in a bourse statement today, Nov. 17.
On Oct. 6, Alhokair Group’s shareholders approved the board’s recommendation to reduce capital by 51.54% from SAR 650 million to SAR 315 million, Argaam earlier reported.
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