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Tihama Advertising, Public Relations and Marketing Company announces the latest developments regarding the signing of a non-binding memorandum of understanding with Masar Al-Ola Trading Company.
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement by Tihama Advertising, Public Relations and Marketing Company dated 26-03-2025 regarding the signing of a non-binding memorandum of understanding with Masar Al-Ola Trading Company, a Saudi company that owns and operates the “Hashikom” restaurant chain and has the experience and knowledge in the restaurant management and investment sector The company announces the expiration of the non-binding memorandum of understanding without reaching an agreement in this regard. |
| Previous Announcement | Tihama Advertising, Public Relations and Marketing Company announces the signing of a non-binding memorandum of understanding with Masar Al-Ola Trading Company. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-03-26 Corresponding to 1446-09-26 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The company announces the expiration of the non-binding memorandum of understanding without reaching an agreement in this regard. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not Applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There is no financial impact from canceling the MOU. |
| Delay consequences on the Company’s financial results | Not Applicable |
| Additional Information | Nothing |
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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