Trading on Atheeb Telecom suspended

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) suspended trading in Etihad Atheeb Telecom Company’s shares as it changes its status on the bourse website, according to a statement.

The action came after the company reported accumulated losses of SAR 1.196 billion, accounting for 75.95% of its capital.

The company reported net losses of SAR 22.35 million in November, totaling SAR 100.96 million in the first eleven months of 2016.

Mubasher Contribution Time: 15-Dec-2016 08:58 (GMT)
Mubasher Last Update Time: 15-Dec-2016 11:58 (GMT)