30 Apr 2019 10:19
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Results of Board of Directors Meeting
Alexandria Mineral Oils Company
Session No. (8) held on Wednesday April 24, 2019
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The Board of directors decided in its session on 24/4/2019 to approve the planning budget for the fiscal year ending 30/6/2019 with a total value of 390 million pounds instead of 707 million pounds, The capital budget for the year ended 30/6/2019 with a total value of 91 million pounds instead of 515 million pounds '' according to the international prices " .
The Board also made some decisions that would conduct the company's normal operational work.
The company also acknowledges that this summary contains all the essential information that must be disclosed in accordance with the provisions of the Money Market Act, its implementing regulations, and the rules and decisions issued in accordance to them.