ASLAK announces end of creditors’ objection period related to reducing capital

United Wire Factories Co. announced the end of the Creditors’ Objection Period to the process of reducing the Company’s capital at the end of Saturday, 1 July 2023, while United Wire Factories Co. didn’t receive any objection from any creditor during that period.

In reference to the announcement of United Wire Factories Co. on Thursday, 18 May 2023, published on the Tadawul website regarding the start of the Creditors’ Objection Period to the process of reducing the Company’s capital, as per the provisions of Article (135) of the Companies Law.

For more details about the Company’s capital reduction process, please refer to the (Shareholders’ Circular) issued by United Wire Factories Co.