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SANAD will discuss decreasing its capital and then increasing it again after amortizing the accumulated losses

2022-05-09

The general assembly of Sanad Construction Resources SANAD will be holding a meeting on 11/05/2022, whereby, will discuss decreasing the current paid-up capital which reaches $69.30 million through amortizing the accumulated losses of $35.40 million, and then raise it again by $21.12 million, to reach $55.01 million after the increase.