Osos denies profits from capital reduction

Kuwait – Mubasher: Osos Holding Group denied what was published in a Kuwaiti newspaper about achieving a profit of KWD 525,000 after capital reduction.

This matter is linked to the company’s financial statement and monetary inflows, according to a bourse statement.

No sum of money was delivered to Osos, while the cancelled amount after capital decrease will be repaid to the shareholders, the company said.

 

Mubasher Contribution Time: 06-Oct-2016 12:13 (GMT)
Mubasher Last Update Time: 06-Oct-2016 12:13 (GMT)