The Share Capital Decrease of the South Electronics Co.
التاريخ
Ref. :7642/2021
Date: 07/11/2021
Memo No.
(66/2021)
Members of SDC of Brokers and Custodians
Dear General Manager,
Subject:The Share Capital Decrease of the South Electronics Co.
| Greetings, | |
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Kindly be informed that the SDC will carry on the process of decreasing the share capital of (9,038,037) shares of the South Electronics Company on Monday 08/11/2021 to redeem the balance of accumulated losses and redeem the issuance discount as of 31/12/2019. The share capital decrease of the said amount will result in decreasing the registered capital for the company from (11,158,447) shares to (2,120,410) shares. Kind Regards, Jamal Jallab |
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