IssuerAnnouncementDetailsV2Portlet
Tihama Advertising and Public Relations Co. announces its inability to post interim financial results for the period ended on 2024-09-30(Six Months)
| Element List | Explanation |
|---|---|
| Introduction | Tihama Advertising, Public Relations and Marketing Company announces the inability to publish the preliminary financial results for the second quarter of the financial period ending on 30-09-2024 on time, due to the external auditor not completing his work and not announcing the preliminary financial statements for the financial period ending on 30/06/2024. The company would also like to clarify to the shareholders that due to the expiry of the statutory deadline for publishing the financial statements and in accordance with subparagraph (1) of paragraph (c) of Article Thirty-Six of the Listing Rules, trading in the security will continue to be suspended until the financial statements are published. Developments in the inability to publish the financial results will be announced monthly, with a commitment to announce without delay in the event of any material developments. Reasons and obstacles to the inability to publish the financial results within the statutory period |
| The reason and obstacles for the inability to post the financial results within the legal period | due to the external auditor not completing his work and not announcing the preliminary financial statements for the financial period ending on 30/06/2024 |
| A timetable for the procedures taken or to be taken by the company to post the financial results | Publish the preliminary financial statements for the financial period ending 30 / 06 /2024 before 15 / 11 / 2024 Publish the preliminary financial statements for the financial period ending 30 / 09 / 2024 The expected date 30 / 11 /2024 |
| The expected date for posting the financial results | 30 / 11 / 2024 |
| The date of suspending the trading of listed securities | 2024-11-12 Corresponding to 1446-05-10 |
| Additional Information | The company would like to clarify to the shareholders that trading in the stock is currently suspended from 30 / 07/ 2024 until the preliminary financial statements for the financial period ending on 30 / 06 / 2024 are published. The company will announce developments in the inability to publish the financial results monthly, with a commitment to announce without delay in the event of any material developments. |
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.