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Addendum announcement by Filling and Packing Materials MFG Co. (FIPCO) to disclose the latest developments on its previous announcement of signing of “Non-binding” MOU with Bina Industrial Investment Holding Co. to acquire full equity interests in the company.
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement published by Filling & Packaging Materials Mfg. Co. (FIPCO) on the Saudi Exchange (Tadawul) website dated 02/12/1446H corresponding to May 29, 2025, regarding signing of a non-binding MOU with Bina Industrial Investment Holding Co. FIPCO hereby announces the appointment of Alkhair Capital as the financial advisor for the potential acquisition of Bina Industrial Investment Holding Co. |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2025-05-29 Corresponding to 1446-12-02 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | The appointment of Alkhair Capital as the financial advisor for the potential acquisition of Bina Industrial Investment Holding Co. |
| Financial Impact on the change | Currently there is no material financial impact, and any material developments will be announced in due course. |
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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Company Performance
Key Parameters
Last Price 34.8
Net Change -0.22 (-0.63%)
Value Traded (Sar) 889,545.36
Volume Traded 25,454
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