Jassim Transport & Stevedoring Announces Increase In Share Capital Of Subsidiary In Qatar

About this update from Jtc Logistics Transportation & Stevedoring Co. K.s.c.p

JASSIM TRANSPORT & STEVEDORING CO KSCC KSE:JTC:ANNOUNCES INCREASE IN SHARE CAPITAL OF SUBSIDIARY, MOFTARAQ AL TOROQ FOR TRANSPORTAION AND EQUIPMENT CO IN QATARJASSIM TRANSPORT STEVEDORING - INCREASES IN SHARE CAPITAL OF SUBSIDIARY TO QAR 35 MILLION FROM QAR 200,000JASSIM TRANSPORT STEVEDORING - INCREASE WILL BE FINANCED THROUGH BALANCE OF THE PARTNERS' CURRENT ACCOUNTJASSIM TRANSPORT STEVEDORING - CAPITAL INCREASE TO SUPPORT SUBSIDIARY'S OPERATIONS AND STRENGTHEN ITS OPERATIONAL AND FINANCIAL CAPABILITIES

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