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29-Jun-2016

Nama Chemicals proposes capital restructuring

Nama Chemicals (Nama) [2210.SE] has announced its intention to restructure its capital, as well as the capital of its affiliate, Jubail Chemical Industries Company (JANA). The company has begun conducting studies for the capital restructuring, which it expects will help to address the decrease in the company’s assets and the accumulation of losses. The study is expected to be completed in 3Q16. (Tadawul)

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