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Announcement by Mohammed Hadi Al-Rasheed & Partners Co. regarding the latest developments concerning the extension of the term of a non-binding Memorandum of Understanding
9601
ALRASHEED
1.05
%
1447/07/30 19/01/2026 15:53:50
| Element List | Explanation |
|---|---|
| Previous Announcement | Announcement by Mohammed Hadi Al-Rasheed & Partners Co. regarding the signing of a preliminary, non-binding Memorandum of Understanding with Tayf Shipping Co. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-10-20 Corresponding to 1447-04-28 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Mohammed Hadi Al-Rasheed & Partners Co. announces the extension of the non-binding Memorandum of Understanding with Tayf Shipping Co. for an additional period of (90) days from the expiry date of the previous term, in order to discuss and evaluate the investment aspects and to complete the related regulatory procedures associated with the investment. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable. |
| Delay consequences on the Company’s financial results | There is no financial impact at this time. |
| Additional Information | The Company will announce any material developments regarding the Memorandum of Understanding 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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Last Price 82.0
Net Change 0.85 (+1.05%)
Value Traded (Sar) 20,222
Volume Traded 247
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