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Lamasat Co. Announces Contract Sign Off with The owner of Thomama Beauty Agency is Mrs. Hanaa bint Jamal bin Mohammed Marghalani
| Element List | Explanation |
|---|---|
| Introduction | Lamasat Company announces the signing of a full acquisition agreement for the “Thomama Beauty” agency (THOMAMA BEAUTY), a registered trademark within the Kingdom of Saudi Arabia. The acquisition includes the transfer of trademark ownership, customer and user data, as well as exclusive formulas used to prepare Moroccan-origin skin and hair care blends. This acquisition aligns with Lamasat’s strategy to enhance its operational capabilities by relying on its own products to operate its branches, thereby contributing to a reduction in the current operational costs of materials used across its locations. |
| Date of Announcement of the Award | 2025-09-17 Corresponding to 1447-03-25 |
| Contract Subject Matter | The acquisition of the "Thomama Beauty" agency (THOMAMA BEAUTY), a registered and certified commercial trademark within the Kingdom of Saudi Arabia. |
| The Entity with Which the Contract was Signed | The owner of Thomama Beauty Agency is Mrs. Hanaa bint Jamal bin Mohammed Marghalani |
| Date of Signing the Contract | 2025-09-17 Corresponding to 1447-03-25 |
| Contract Value | It was agreed that the total value of the deal amounts to SAR 200,000, distributed as follows: • SAR 100,000 for the ownership of the "Thomama Beauty – THOMAMA BEAUTY" trademark • SAR 100,000 for the existing inventory of products and cosmetic materials The amount will be paid through the company’s internal financial resources, with no need for external financing. |
| Contract Details | The trademark ownership will be officially registered under Lamasat Company, with the company committed to supplying "Thomama Beauty" products as part of its production lines and through its branches. |
| Contract Duration | The agreement becomes effective and binding on both parties as of the date of signing and will remain in force until all obligations are fulfilled and full ownership is transferred to Lamasat Company. |
| Financial Impact and the Relevant Period | The financial impact of this acquisition is expected to begin appearing in the first quarter of the 2026 fiscal year. |
| Related Parties | None |
| Additional Information | None |
| Attached Documents |  |
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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