The Share Capital Decrease of the Arab Union International Insurance Co.
التاريخ
Ref. :8/11/4756
Date: 26/10/2016
Memo No.
(111/2016)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: The Share Capital Decrease of the Arab Union International Insurance Co.
| Greetings, | |||||
| Kindly be informed that the SDC will carry on the process of decreasing the share capital of (4,000,000) shares of the Arab Union International Insurance Company on Sunday 30/10/2016. The share capital decrease of the said amount will result in decreasing the registered capital from (8,000,000) shares to (4,000,000) shares to redeem (4,000,000) JD of the company’s accumulated losses. |
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Kind Regards,
Khalil Naser
Chief Executive Officer
