Aslak appoints Yaqeen Capital as financial advisor for capital reduction process

United Wire Factories Company (Aslak) announced on Wednesday that it has appointed Yaqeen Financial Company (Yaqeen Capital) as a financial advisor on 06/12/ 2022, in order to manage the process of reducing the company’s capital and to carry out all related procedures.
This comes with reference to the company’s announcement published on the Tadawul website on 11/03/2022 regarding the Board of Directors’ recommendation to reduce the company’s capital,