Aseer OGM approves statutory reserve cut

Riyadh – Mubasher: Aseer Trading, Tourism and Manufacturing Company’s ordinary general meeting (OGM) approved on Monday cutting its statutory reserve to 50% of the capital.

The surplus amount will be transmitted to the retained earnings, according to a bourse statement.

Mubasher Contribution Time: 27-Dec-2016 05:56 (GMT)
Mubasher Last Update Time: 27-Dec-2016 05:56 (GMT)