Capital Market Authority approved here today a request by the Kingdom holding company, to decrease its capital from 63, 000, 000, 000 billion SR to 37, 058, 823, 000 SR, consequently the company"s shares will be reduced to 3, 705, 823, 000 shares instead of 6, 300, 000, 000 shares. CMA"s statement explained that final approval is conditional on the company"s extra-ordinary general assembly approval, and completion of required procedures according to the applicable regulations.