One in all Raydan Meals Firm’s eating places
Firm introduced Raydan Meals In the present day, its gathered losses decreased to 35.8% of its capital.
The corporate stated in a press release on Tadawul that the worth of the gathered losses quantities to 26.25 million riyals, indicating that the rationale for the lower within the gathered losses is because of lowering the corporate’s capital from 158.08 million riyals to 73.14 million riyals at a charge of (53.74%) to extinguish its gathered losses, primarily based on the approval of the extraordinary common meeting together with the capital discount held on November 2, 2025.
In line with knowledge numbersThe Extraordinary Basic Meeting of Raydan Meals Firm just lately authorized the Board of Administrators’ suggestion to scale back the capital from 158.08 million riyals to 73.14 million riyals, by 53.74%, to restructure the corporate’s capital to extinguish the gathered losses.
To view the auditor’s report clarifying the corporate’s monetary place after lowering its gathered losses, see the attachment beneath:
