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Abdullah A. M. Al-Khodari Sons Co. Announces The Commercial Court of Dammam accepted the proposal for financial restructuring and set a date for voting

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Announcement Detail The First Chamber of the Commercial Court of Dammam decided in the hearing held on Thursday dated 21-11-1442, to accept the proposal for the company's financial restructuring procedure and to set 22/12/1442 As a date for shareholders voting on the proposal and 25-12-1442 as a date for Creditor’s voting on the proposal.

shareholders voting date on the proposal is 22/12/1442 and Creditor’s voting date on the proposal 25-12-1442.

The company is working on the voting mechanism for creditors and shareholders as per the bankruptcy law (Details will be announced later).

The Capital Market Authority and the Saudi Stock 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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