Dubai – Mubasher: Arabtec Holding said its board has agreed to include a new item on the ordinary general meeting’s (OGM) agenda slated for 1 June, to use the company’s legal reserves to offset some of Arabtec’s losses.
Legal reserves amount to AED 1.16 billion, while the company’s losses have reached AED 46.4 million by the end of Q1-16.
