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Takween Advanced Industries Co. Announces the Decrease of its Accumulated Losses to 8.48 % of the Capital

1201
TAKWEEN
-2.25 %
1445/01/23     10/08/2023 08:35:27

Element ListExplanation
Introduction Decrease of accumulated losses of SR 485,353,940 against share capital
Date of accumulated losses decrease 2023-07-31 Corresponding to 1445-01-13
Amount of the Accumulated Losses SR 524,765,434
Measures Taken by the Company to Decrease Accumulated Losses Decreasing the company's capital reduction by amounting to SR 485,353,940 by absorb the accumulated losses according to the resolution of the Company’s extra ordinary general assembly’s meetings for the Capital

Reduction dated 26 July 2023 (corresponding to Muharram 08,1445H)

Auditor's Report showing the Financial Position of the Company after the Decrease of the Accumulated Losses

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Company Performance

TAKWEEN
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Key Parameters
Last Price 12.16
Net Change -0.28 (-2.25%)
Value Traded (Sar) 2,801,370.7
Volume Traded 228,968
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