| Element List |
Explanation |
| Previous Announcement |
A Non-binding Memorandum of Understanding was signed with Obeikan Investment Group and Sultan Holding Company on December 25, 2024, to establish a holding company for investment in the field of metals industry in the Kingdom of Saudi Arabia, which includes the production of metals (lithium, graphite, silica, etc.). For your information, the duration of the memorandum: from the date of signing the agreement, December 25, 2024, until June 30, 2025. |
| Date of Previous Announcement on Saudi Exchange’s Website |
2024-12-26 Corresponding to 1446-06-25 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website |
Click Here |
| Latest Developments Of The Announced Event |
The company announces the expiration of the non-binding memorandum of understanding without reaching an agreement in this regard. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
There is no financial impact from canceling the MOU. |
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