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Announcement by Takween Advanced Industries Company regarding the inability to publish the annual financial results and the Board of Directors’ report for the fiscal year ended 31 December 2025
1201
TAKWEEN
2.50
%
1447/10/12 31/03/2026 15:59:22
| Element List | Explanation |
|---|---|
| Introduction | Takween Advanced Industries Company announces its inability to publish the annual financial results and the Board of Directors’ report for the fiscal year ended 31/12/2025 within the prescribed regulatory period. |
| The reason and obstacles for the inability to post the financial results within the legal period | The audit of the annual financial statements for the period ended 31/12/2025 has not been completed to date. |
| A timetable for the procedures taken or to be taken by the company to post the financial results | Takween Advanced Industries Company is working, in coordination with the external auditor, to complete the preparation of the financial statements and finalize the audit procedures, in preparation for presenting the financial statements to the Audit Committee for its review and recommendation, and subsequently to the Board of Directors for approval of both the financial statements and the Board of Directors’ report, in accordance with the applicable regulatory requirements, with publication to follow upon Board approval. |
| The expected date for posting the financial results | 28-04-2026 |
| The date of suspending the trading of listed securities | 2026-04-01 Corresponding to 1447-10-13 |
| Additional Information | The Company would like to inform its shareholders that, due to the expiry of the statutory deadline for the publication of the financial statements, the relevant regulatory procedures will be applied in accordance with Subparagraph (1) of Paragraph (c) of Article 36 of the Listing Rules. The Company will also disclose any developments related to the delay in publishing the financial results and will promptly disclose any material developments as they arise. |
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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