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Ramallah Resorts' BOD recommends capital increase

2012-11-26

The Board of Directors of Ramallah Resorts RSR recommended in its meeting that was held on 24/11/2012 to the company"s extraordinary meeting which will be called later to increase the company"s capital with six hundred thousand shares (600,000) shares; (20%)of the paid up capital. And according to the company"s disclosure, this increase will be through subscription based on pro rata and on the share"s par value.