Completion of the Share Capital Decrease of the Consultant & Investment Group Co.
التاريخ
Ref. :8/11/5610
Date: 20/12/2016
Memo No.
(132/2016)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject: Completion of the Share Capital Decrease of the Consultant & Investment Group Co.
Greetings, | |||||||||||||
Kindly be informed that the SDC has completed the process of decreasing the share capital of the Consultant & Investment Group Company on Tuesday 20/12/2016 to redeem the accumulated losses as of 31/12/2015. The share capital decrease was conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 17/07/2016, and upon the approval of the Ministry of Industry, Trade, and Supply on the share capital decrease issued on 21/11/2016. | |||||||||||||
Thereby, the SDC record for the Capital of the Consultant & Investment Group Company indicates the following:
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Kind Regards,
Khalil Naser
Chief Executive Officer