KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
27 April 09:48 AM

East Pipes Integrated company for Industry announces that it has received a letter from one of its major shareholders who owns more than (5%) of the company's shares expressing the shareholder's intention to transfer ownership of those shares.

Default Company 7204.B 0.00% 0.00 0.00
Element List Explanation
Announcement Detail East Pipes Integrated company for Industry announced that it has received a letter dated 17 Oct 2023 , from Aziz Company for Contracting and Industrial Investment, one of the major shareholders, who owns a percentage ( 19.95%) of the company’s capital, regarding the shareholders’ intention and their unanimous agreement to transfer the ownership of 6,284,250 shares from the portfolio of Aziz Company for Contracting and Industrial Investment to the shareholders’ portfolios according to their shares in the company, especially after the death of one of the shareholders, the late Sheikh / Ali Muhammad Al-Shamisi who his share amounting to 12.5% devolved to his heirs, without any intention to liquidate Aziz Company for Contracting and Industrial Investment, which will result in a change in the list of major shareholders in the East Pipes Integrated company for Industry.

Comments