Anaam says accumulated losses fully offset after capital cut

25/02/2020 Argaam

 

Anaam International Holding Group Co.’s accumulated losses were fully offset following the capital cut process, the company said in a bourse statement on Tuesday.

 

In December, Anaam International Holding Group's shareholders approved the board's recommendation to cut capital by 92.35% from SAR 196 million to SAR 15 million to offset SAR 181 million worth of accumulated losses, according to data compiled by Argaam.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.