Completion of the Share Capital Decrease of the Al-qaria Food & Vegetable Oil Industries Co.
التاريخ
Ref. :8/11/4876
Date: 07/11/2016
Memo No.
(117/2016)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease of the Al-qaria Food & Vegetable Oil Industries Co.
Greetings, | |||||||||||||
Kindly be informed that the SDC has completed the process of decreasing the share capital of the Al-qaria Food & Vegetable Oil Industries Company on Monday 07/11/2016 based upon the company's General Assembly's resolution made in its extraordinary meeting held on 22/03/2016, and upon the approval of the Ministry of Industry, Trade, and Supply on 17/10/2016 to redeem part of the company’s accumulated losses. | |||||||||||||
Thereby, the SDC record for the Capital of the Al-qaria Food & Vegetable Oil Industries Company indicates the following:
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Kind Regards,
Khalil Naser
Chief Executive Officer