15 Hrs
Source:
مباشر
Anyan Reveals Capital Reduction Plans
Ayan Investment Company has announced a plan to reduce its capital in order to address accumulated losses and improve its financial position. The plan involves two phases: the first phase entails reducing the capital from approximately 1.006 billion SAR to 807.6 million SAR by canceling about 19.87 million shares, representing a reduction of approximately 19.75%. The second phase involves further reducing the capital from 807.6 million SAR to 757.6 million SAR by canceling 5 million shares, approximately 6.19%, with the company committing to returning the value of the canceled shares to shareholders. Approval from the General Assembly for the first phase is a prerequisite for proceeding to the second; otherwise, the plan will be canceled, and the capital will remain unchanged.
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