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Saudi Cable Co. Announces an update on The submission of the Financial Restructuring Procedure Proposal to the FRP Trustee
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SAUDI CABLE
-0.22
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1446/01/02 08/07/2024 16:07:19
| Element List | Explanation |
|---|---|
| Introduction | Referring to the Saudi Cable Company’s announcement on (Tadawul) dated 24/12/1445 corresponding to 30/06/2024, regarding the submission of the Financial Restructuring Procedure Proposal to the FRP Trustee; The management of Saudi cable company is pleased to inform its shareholders that the company’s management received a letter from the Trustee’s office on Monday 02/01/1446 AH corresponding to 08/07/2024, confirming that he had submitted the financial restructuring proposal of the Saudi Cable Company with the Fourth Commercial Circuit of the Commercial Court in Jeddah. Any material developments will be announced in time. |
| Previous Announcement | The submission of the Financial Restructuring Procedure Proposal to the FRP Trustee |
| Date of Previous Announcement on Saudi Exchange’s Website | 2024-06-30 Corresponding to 1445-12-24 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The management of Saudi cable company is pleased to inform its shareholders that the company’s management received a letter from the Trustee’s office on Monday 02/01/1446 corresponding to 08/07/2024, confirming that he had submitted the financial restructuring proposal of the Saudi Cable Company with the Fourth Commercial Circuit of the Commercial Court in Jeddah. Any material developments will be announced in time. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There are no costs associated with the event now, the financial impact will be disclosed later if it exists. |
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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Last Price 137.0
Net Change -0.3 (-0.22%)
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