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Kimoul capital reduction procedures completed
The Depository Center Company ("Edaa") has announced the implementation of procedures to decrease the share quantities of Methanol Chemicals Company ("Kemanol") in the entitled shareholders' accounts, in preparation for updating the shareholder records in accordance with the resolutions of the Extraordinary General Assembly and regulatory authorities. The goal is to ensure the accuracy of financial data and enhance the efficiency of the financial market. These procedures are considered essential technical steps to guarantee complete and transparent updates of the balances, successfully completed within the central share systems.
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