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Oman Chromite EGM to discuss selling stake in unit

Oman Chromite EGM to discuss selling stake in unit
(Photo credit: Arabianeye - Reuters)
Oman Chromite
OCCI
6.67% 4.40 0.28

Mubasher: Oman Chromite invited its shareholders to attend an extraordinary general meeting (EGM) on 2 November to discuss selling the company’s 45% stake in Al Batinah Quarries Company.

The step comes in order to stop the losses resulting from this investment, according to a bourse filing released on Tuesday.