Tihama to use SAR 30m reserves to offset losses

Riyadh – Mubasher: Tihama Advertising and Public Relations’ shareholders approved on using its full statutory reserves worth SAR 30.1 million to offset a part of the accumulated losses.

The company’s extraordinary general meeting (EGM) also approved on 16 October on amending the articles of incorporation, regarding Tihama’s headquarters, according to a bourse filing on Monday.

Mubasher Contribution Time: 17-Oct-2016 09:19 (GMT)
Mubasher Last Update Time: 17-Oct-2016 09:19 (GMT)