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Addendum Announcement by Almunajem Foods regarding a Binding Subscription Agreement in Relation to an Investment in Al Jouf Agricultural Development Company
| Element List | Explanation |
|---|---|
| Introduction | Addendum Announcement by Almunajem Foods regarding a Binding Subscription Agreement in Relation to an Investment in Al Jouf Agricultural Development Company |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2026-07-26 Corresponding to 1448-02-12 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | With reference to Almunajem Foods Company's announcement regarding the execution of a binding subscription agreement to invest in Al-Jouf Agricultural Development Company, the Company announces the following: • The deal will be financed through the Company's internal resources and Shariah-compliant bank financing facilities. • There are no related parties of Almunajem Foods Company participating in this agreement. |
| Financial Impact on the change | There is no immediate financial impact of this announcement on the Company’s financial results. The financial impact, if any, will be determined at a later stage upon completion of the required regulatory procedures and implementation of the transaction |
| Additional Information | Almunajem Foods will disclose any material developments in this regard in due course, in accordance with the applicable laws and regulations. |
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 56.3
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