Mubasher: Arabtec Holding will hold its ordinary general meeting (OGM) on 18 April, following the approval of both the Securities and Commodities Authority (SCA) and Dubai Financial Market (DFM).
The shareholders will discuss the continuity of Arabtec’s business, as well as its capital restructuring programme, according to a bourse statement issued on Monday.
In February, Arabtec obtained an approval for decreasing the capital through cancelling 4.5 billion shares to offset the company’s accumulated losses.
