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Nama Chemicals Company announced today, at its first meeting of the new session, the decision of the board of directors to reconsider the issue of the company 's capital increase.
The company said in a statement today, "Tadawul", that it was at the will of the board of directors, at the beginning of its new session, to study the capital increase to better serve the interests of the company and its shareholders.
The company added that the board of directors had decided to postpone the convening of the extraordinary general meeting to a date to be determined after coordination with the competent authorities.
According to the data available "Numbers"The Extraordinary General Meeting of Namaa Chemicals Company on Monday, March 04, 2019, was to review the capital increase through a capital increase of RM 200 million.
At its first meeting on Sunday, February 24, 2019, the Board of Directors of the Company approved the appointment of Hazem bin Mansour Al Fardan as Chairman of the Board of Directors and Mr. Abdullah bin Abdul Mohsen Al Essa to the vice-presidency.
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