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Ramallah Summer Resorts approves its capital raise by %20

2010-08-02

Ramallah Summer Resorts (RSR) held its ordinary & extraordinary general assembly on 01/08/2010, where it has approved the board of directors’ recommendation of raising the company’s capital by 500,000 shares with a par value of JD 1.00 per share through offering the shares to a secondary subscription for the company’s shareholders only that are registered in the company’s registry in the PSE as of 01/08/2010; therefore the capital reaches JD 3.00 million divided into 3.00 million shares.