Edaa deposits Amiantit’s tradable rights today

The Securities Depository Center Co. (Edaa) deposits today, Dec. 6, Saudi Arabian Amiantit Co.’s (Amiantit) tradable rights into the accounts of eligible securities’ holders.

The company’s shareholders approved a 41.95% capital cut to SAR 200 million from SAR 344.52 million through the cancellation of 14.45 million shares to offset 96.61% of accumulated losses., during the extraordinary general meeting held on Dec. 1, Argaam reported.