抖阴短视频

RIYADH: The board of one of 抖阴短视频鈥檚 largest hospitality firms, Abdulmohsen Alhokair Group for Tourism and Development, has proposed a 46-percent capital cut.

Subject to shareholders鈥� approval, the plan includes reducing the company鈥檚 share capital from SR650 million ($173 million) to SR350 million, according to a bourse filing.

The move is to 鈥渁mortize 98 percent of accumulated losses,鈥� the company said.

Yaqeen Capital has been appointed as a financial advisor to manage the capital reduction process and all related procedures.