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Alhasoob Co announces the latest developments regarding its signing of a non-binding memorandum of understanding with the Alkhorayef Group Company for the total acquisition of its subsidiary, Alkhorayef Printing Solutions Company (A limited liability company) by issuing shares to its owner Alkhorayef Group Company.

9522
ALHASOOB
-9.95 %
1445/08/10     20/02/2024 15:35:20

Element ListExplanation
Introduction In addition to the announcement of the Alhasoob Co that it had signed a non-binding memorandum of understanding on 24/12/2023 with the Alkhorayef Group Company for the total acquisition of its subsidiary, Alkhorayef Printing Solutions Company, the company would like to announce that on 20/02/2024, it appointed Watheeq Financial Company as a financial advisor for the acquisition process.
Previous Announcement Alhasoob Co. announces that it has signed a Non-Binding Memorandum of Understanding to acquire all shares of Alkhorayef Printing Solutions Company (A limited liability company) by issuing shares to its owner Alkhorayef Group Company
Date of Previous Announcement on Saudi Exchange’s Website 2023-12-24 Corresponding to 1445-06-11
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Appointed Watheeq Financial Company as a financial advisor for the acquisition process.
The costs associated with the event, and if they have changed or not with indication of the reasons. N/A

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.

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Key Parameters
Last Price 36.92
Net Change -4.08 (-9.95%)
Value Traded (Sar) 188,165.7
Volume Traded 5,044
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