Shrink a SQL Anywhere 12 database

Question

Is there any way to shrink SQL Anywhere databases?

With SQL Server, it was an easy task. Just do it, have a faster database again that has a size which can be transferred over a slow internet connection.

Can this be achieved with Sybase?

The question is not whether you should shrink or not - it is how it is done. So please don't quote things like "you should not" from Pinal.