Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of The National Investor will assemble on 21 January 2020 to discuss the reduction of the company’s share capital by cancelling 200 million shares at a total of AED 200 million or AED 1 per share.
The company will return the value to the shareholders on a pro-rata basis, as the capital exceeds its needs, according to a statement on Sunday.
Earlier in December, the board approved to commence the legal procedures to cut the capital from AED 577.5 million to AED 377.5 million.
