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Morabaha Marina Financing Co. announces its inability to post interim financial results for the period ended on 2026-03-31(Three Months)
| Element List | Explanation |
|---|---|
| Introduction | The Company wishes to inform its valued shareholders that it will not be able to publish its interim financial results for the three-month period ending on March 31, 2026, within the regulatory timeframe. |
| The reason and obstacles for the inability to post the financial results within the legal period | The company wishes to inform its valued shareholders that it will not be able to publish its preliminary financial results for the period ending March 31, 2026 (three months) within the regulatory timeframe due to: the procedures for approving the new board of directors of the subsidiary company (the digital payments company for financial technology "Loop") have not been completed. The company affirms its commitment to full compliance with all relevant regulations and will disclose its findings as soon as the regulatory requirements are met. |
| A timetable for the procedures taken or to be taken by the company to post the financial results | The Company confirms that the interim financial statements will be published immediately upon receipt, after being approved by the authorized parties. |
| The expected date for posting the financial results | The Company expects to publish the interim financial statements for the three-month period ending March 31, 2026, no later than June 17, 2026. |
| The date of suspending the trading of listed securities | 2026-05-13 Corresponding to 1447-11-26 |
| Additional Information | Noting that the procedures for the suspension of trading of listed securities will be applied to the Company in accordance with the Listing Rules. The Company will announce monthly updates regarding its inability to publish the financial results and will ensure timely disclosure without delay if any material developments 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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