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‎TADCO gets CMA nod on reducing capital to SAR 184.4M

‎TADCO gets CMA nod on reducing capital to SAR 184.4M

Logo ofTabuk Agricultural Development Co. (TADCO)

Tabuk Agricultural Development Co. (TADCO) secured the Capital Market Authority’s (CMA) go-ahead on its request toslashcapital from SAR 391.8 million (39.18 million shares) to SAR 184.4 million (18.43 million shares).

The planned capital cut is still subject to approval of the company’s extraordinary general meeting (EGM) and the completion of the necessary procedures as per the applicable regulations…

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