December 21, 2017 / 5:23 AM / 9 months ago

BRIEF-Dhofar Fisheries EGM to Approve Capital Increase

Dec 21 (Reuters) - DHOFAR FISHERIES AND FOOD INDUSTRIES CO :

* CALLS EGM ON DEC 31 TO APPROVE INCREASE IN ISSUED, PAID-UP CAPITAL TO 5.65 MILLION RIALS FROM 2.5 MILLION RIALS

* CAPITAL INCREASE TO BE BY TRANSFERRING ADVANCE CAPITAL PAYMENT FROM A RELATED PARTY THROUGH PRIVATE PLACEMENT

* EGM TO APPROVE REDUCTION OF ISSUED AND PAID-UP CAPITAL TO 2 MILLION RIALS FROM 5.65 MILLION RIALS TO WRITE OFF PART OF ACCUMULATED LOSSES Source: (bit.ly/2p0J1Ua) Further company coverage: )

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