The Share Capital Increase of the Model Restaurants Co.
التاريخ
Ref. : 8/11/2261
Date: 19/04/2017
Memo No.
(35/2017)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: The Share Capital Increase of the Model Restaurants Co.
Greetings,
Kindly be informed that the SDC will carry on the process of decreasing the share capital of (20,000,000) shares of the Model Restaurants Company on Thursday 20/04/2017. The share capital decrease of the said amount will result in decreasing the registered capital from (25,000,000) shares to (5,000,000) shares through redeeming part of the company’s accumulated losses.
Kind Regards,
Khalil Naser
Chief Executive Officer
