Nama Chemicals requests capital cut from CMA

Riyadh - Mubasher: Nama Chemicals submitted that capital decrease portfolio to the Saudi Capital Market Authority (CMA).

The company noted that any development will be announced in due time, according to a bourse filing on Thursday.

Earlier in December, Nama’s board had recommended a capital reduction by 81.7% to reach SAR 235.2 million from SAR 1.29 billion.

Mubasher Contribution Time: 06-Apr-2017 14:52 (GMT)
Mubasher Last Update Time: 06-Apr-2017 14:52 (GMT)