Thimar Development Holding Co. Announces an update on the Commercial Court in Riyadh has accepted the proposal to conduct financial reorganization
|Introduction||With reference to the company’s announcement on 23-03-2022 that the Commercial Court in Riyadh accepted the proposal to conduct a financial reorganization, the company's management would like to announce to the valued shareholders that it has received the ruling of the Chamber of the Commercial Court in Riyadh "ratifying the proposal for the financial reorganization of Thimar Development Holding Company".|
|Previous Announcement||the Commercial Court in Riyadh has accepted the proposal to conduct financial reorganization|
|Date of Previous Announcement on Tadawul's Website||2022-03-23 Corresponding to 1443-08-20|
|Percentage of fulfilled achievement||Issuance of the ruling of the Chamber of the Commercial Court in Riyadh “ratifying the proposal for the financial reorganization of the Thimar Development Holding Company”.|
|Event's Expected Completion Date||N/A|
|The costs associated with the event, and if they have changed or not with indication of the reasons.||N/A|
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