Zain KSA announces 28% capital cut

Wednesday 12 February 2020 | 09:47 CET | News
Zain Saudi Arabia's board plans to amend its recommendation to reduce its capital, reports Mubasher. The capital will be reduced by around 28 percent from SAR 5.84 billion to SAR 4.23 billion, according to a statement to the Saudi Stock Exchange. The capital reduction will be done by canceling 160.81 million shares.

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Categories: Mobile & Wireless
Companies: Zain Saudi Arabia
Countries: Saudi Arabia
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