Ref. : 1186/2021
Date: 01/03/2021

Memo No.
(13/2021)

Members of SDC of Brokers and Custodians 

Dear General Manager, 

Subject: The Share Capital Decrease of the Union Investment Corporation Co.

Greetings, 
 

Kindly be informed that the SDC will carry on the process of decreasing the share capital of (10,000,000) shares of the  Union Investment Corporation Company on Tuesday 02/03/2021 to redeem part of the accumulated losses of the company as of 31/12/2019. The share capital decrease of the said amount will result in decreasing the registered capital from (50,000,000) shares to (40,000,000) shares.

Muna Al-Mufti

Chairman