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Meyar Company announces that it has obtained financing from Riyadh Bank

9565
MEYAR
3.70 %
1446/07/20     20/01/2025 08:00:51

Element ListExplanation
Introduction Meyar Company announces that it has obtained financing from Riyadh Bank in the amount of 5,496,300 riyals to expand its business and develop production lines and supply chains to increase efficiency.
Date of obtaining the funding 2025-01-19 Corresponding to 1446-07-19
Financing entity Riyadh Bank
Financing amount. 5,496,300 Riyals
Financing duration. 5 years
Guarantees offered for the financing Guarantee and bills program.
Financing objective Expanding business and developing production lines and supply chains to increase efficiency.
Related Parties None

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 70.0
Net Change 2.5 (+3.7%)
Value Traded (Sar) 293,583.5
Volume Traded 4,197
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