Ker applies to lower capital at Capital Market Authority
Al-Jair International Company has decided to submit an official request to the Capital Market Authority to reduce its capital from 120 million SAR to 33.58 million SAR by canceling 86.42 million common shares. This measure aims to fully offset accumulated losses amounting to 86.42 million SAR as of June 2026. The reduction is subject to regulatory approvals, including the approval of the Extraordinary General Assembly, and the company will await any new developments related to this matter.
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