IssuerAnnouncementDetailsV2Portlet
Al-Dawaa Medical Services Company announces that it has received a letter from some major shareholders stating that their shares have been transferred from Al-Dawaa Company to Ramlah Holding Company.
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Announcement Detail | Al-Dawaa Medical Services Company, announces that it has received today Tuesday corresponding to 12th September of 2023, a letter from two of the major shareholders, Mr. Mohammed Saad Butti Al-Farraj Al-Subaie and Mr. Abdullah Saad Butti Al-Farraj Al-Subai, in addition to to Mrs. Hessa bint Saad bin Butti Al-Farraj Al-Subaie and Mrs. Nouf bint Saad bin Butti Al-Farraj Al-Subaie, stating the transfer of their shares, amounting to seventeen million (17,000,000) shares representing (20%) of Al Dawaa company, and depositing them in their investment portfolios as they are the current partners of Ramlah Holding Company according to their current ownership percentages. This is within an organizational procedure, which will result in a change in the list of major owners in Al Dawaa company. |
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.