![SPIMACO EGM to vote on SAR 185 mln reserve transfer to scrap accumulated losses on Nov. 14](https://dailytalks.org/wp-content/uploads/2023/11/122631-spimaco-egm-to-vote-on-sar-185-mln-reserve-transfer-to-scrap-accumulated-losses-on-nov-14.png)
Logo ofSaudi Pharmaceutical Industries Medical Appliances Corp. (SPIMACO)
Saudi Pharmaceutical Industries Medical Appliances Corp.’s (SPIMACO) shareholders will vote on utilizing SAR 34.71 million in consensual reserve and SAR 150 million from the general reserve balance to fully amortize the SAR 124.36 million worth of accumulated losses (10.36% of capital…
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