ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS HOLDING AIND.CA :
* FINALIZES CAPITAL RESTRUCTURING PLAN
* BOARD PROPOSES CAPITAL REDUCTION TO ELIMINATE ACCUMULATED LOSSES AND ALLOW PAYOUT OF FUTURE DIVIDENDS
* BOARD PROPOSES TRANSFER OF OWNERSHIP OF TOBLAT TO BECOME DIRECTLY HELD SUBSIDIARY OF AIND
* BOARD APPROVES AUTHORIZED CAPITAL DECREASE TO EGP 1.4 BILLION FROM EGP 6 BILLION
* BOARD APPROVES ISSUED CAPITAL DECREASE TO EGP 144.2 MILLION FROM EGP 480.6 MILLION
Source:(https://bit.ly/2MA75ry)
(https://bit.ly/2nMmZRk) Further company coverage: AIND.CA
((Reuters.Briefs@thomsonreuters.com;))
