Saudi Capital Market Authority approves Go capital cut

Thursday 6 February 2020 | 10:31 CET | News
The Saudi Capital Market Authority (CMA) has approved an appplication to reduce the capital at Etihad Atheeb Telecom, which trades as Go, reports Mubasher. The operator's board recently recommended a 34.8 percent capital cut to amortise about SAR 122 million or 67.4 percent of accumulated losses.

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Categories: Mobile & Wireless
Companies: Atheeb Telecom / Go
Countries: Saudi Arabia
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