The Share Capital Decrease of Al-rakaez Investment Co.

التاريخ
Ref. :5377/2023
Date: 01/08/2023

Memo No.
(41/2023)

Members of SDC of Brokers and Custodians 
 
Dear General Manager, 
 
Subject: The Share Capital Decrease of Al-rakaez Investment Co.
 
Greetings,
Kindly be informed that the SDC will carry on the process of decreasing the share capital of (1,500,000) shares of Al-rakaez Investment Company on Wednesday 02/08/2023 to redeem part of the company’s accumulated losses as of 31/12/2022.

The share capital decrease of the said amount will result in decreasing the registered capital from (12,500,000) shares to (11,000,000) shares.

Kind Regards,

Sarah Tarawneh
Chief Executive Officer
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