Fitaihi Holding Group Announces that the Creditors’ Objection Period to Reduce the Company’s Capital will Soon End
| Element List | Explanation |
|---|---|
| Announcement Detail | Concerning the announcement of Fitaihi Holding Group on Thursday, 8 July 2021, published on the Tadawul website regarding the start of the Creditors’ Objection Period to the process of reducing the Company’s capital, as per the provisions of Article (145) of the Companies Law, Fitaihi Holding Group would like to remind you that the Creditors’ Objection Period will expire at the end of Sunday, 5 September 2021. Under the Companies Law, the resolution to reduce the Company’s capital will be effective immediately after the Creditors’ Objection Period has expired, in the absence of any outstanding objection from the creditors of Fitaihi Holding Group to the reduction of the Company’s capital. For more details about the Company’s capital reduction process, please refer to the (Shareholders’ Circular) issued by Fitaihi Holding Group. Link of the Shareholders’ Circular:http://www.fitaihi.com.sa/wp-content/uploads/2021/08/Fitaihi-Shareholders-Circular-EN-Final-1.pdf |
