The CMA Board has issued its resolution number (4-20-2011) on 10/07/1432H (12/06/2011G) approving Etihad Atheeb Telecom Company’s request to reduce its capital from SAR (1,000,000,000) to SAR (400,000,000), thus reducing the number of shares from (100,000,000) shares to (40,000,000) shares. This approval is conditional on the Company’s extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations.
