Brief: Orascom Development Holding to propose capital reduction of shares from CHF 23.20 to CHF 5.00 Per Share
April 17 (Reuters) - Orascom Development Holding AG
ODHN.S :
* ORASCOM DEVELOPMENT HOLDING - BOARD PROPOSES A CAPITAL
REDUCTION
BY DECREASING PAR VALUE OF COMPANY'S SHARES FROM CHF 23.20 TO
CHF 5.00 PER SHARE
* ORASCOM DEVELOPMENT HOLDING- BOARD WILL PROPOSE APPROVAL
OF
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR FY 2017 AS WELL AS
APPROPRIATION OF RESULTS
Source text for Eikon: ID:nEQ1CZ7Z2a
Further company coverage: ODHN.S
((Reuters.Briefs@thomsonreuters.com;))
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