IssuerAnnouncementDetailsV2Portlet
The National Company for Glass Industries (Zoujaj) announces the latest developments regarding the signing of a non-binding Memorandum of Understanding with the Saudi Arabian Glass Company Limited.
Element List | Explanation |
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Introduction | With reference to the announcement of the National Company for Glass Industries “Zoujaj” annoused on Saudi Stock Exchange (Tadawul) on 28/04/1445 corresponding to 12/11/2023 regarding the signing of a Memorandum of Understanding by the National Company for Glass Industries “Zoujaj” with the Saudi Arabian Glass Company Limited, in addition to the announcement of extending the Memorandum of Understanding for period of six months on 04/05/1446 corresponding to 06/11/2024, and the Memorandum of Understanding expires on 10/11/1446 corresponding to 08/05/2025. |
Previous Announcement | The General Authority for Competition issued a decision conditionally approving the completion of the economic concentration between the National Company for Glass Industries "Zouja" and the Saudi Arabian Glass Company Limited. |
Date of Previous Announcement on Saudi Exchange’s Website | 2025-02-03 Corresponding to 1446-08-04 |
Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
Latest Developments Of The Announced Event | The expiration of the term of the Memorandum of Understanding. |
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. | Not applicable. |
Delay consequences on the Company’s financial results | Not applicable. |
Additional Information | No |
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.