GO appoints Saudi Kuwaiti Finance House for capital cut advice

25/03/2019 Argaam

 

Etihad Atheeb Telecommunication Co. (GO) has named Saudi Kuwaiti Finance House as financial advisor for its capital cut, the company said in a bourse statement.

 

On Sunday, GO’s board of directors recommended a 25.81 percent capital cut to SAR 350.53 million from SAR 472.5 million to offset accumulated losses, Argaam reported earlier.

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