Banader Hotels Company B.S.C. (BANADER) Decrease In the Issued and Paid-up Capital

Monday, March 30, 2020 03:51 PM

Banader Hotels Company B.S.C. (BANADER) Decrease In the Issued and Paid-up Capital

The decrease in the issued and paid-up capital of Banader Hotels Company B.S.C. is pursuant to the resolution of the extra-ordinary general meeting held in 30th March 2020 in which the shareholders approved reduction in the issued and paid up capital to write off the accumulated losses of BHD 17.19 million.

The adjusted price after the capital reduction will be BHD 0.175