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Development Works Food Co. Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues

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Element List Explanation
Introduction Regarding the announcement of the Development Works Food Co. (the Company) published on the Tadawul website on Wednesday 21-06-1445 corresponding to 03-01-2024 regarding the Board of Directors’ recommendation to increase the company’s capital by offering priority rights shares, the Company would like to announce to its shareholders that it has Appointing a financial advisor to manage the subscription to rights shares.
Name of Financial Advisor Yaqeen Financial Company “Yaqeen Capital”.
Financial Advisor Appointment Date 2024-02-13 Corresponding to 1445-08-03
Additional Information The company will announce when submitting the capital increase file to the Capital Market Authority, and any future developments that may occur.

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