| Element List |
Explanation |
| Introduction |
Reference to company's Announcement in Tadawul, dated 11-12-2024 regarding obtaining banking facilities From SAB bank. |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website |
2024-12-11 Corresponding to 1446-06-10 |
| Hyperlink to the Previous Announcement |
Click Here |
| Change on the Development |
SACO announces the cancellation of this agreement on 13-07-2025, and the cancellation of the guarantees offered against this facility, which consists of a promissory note valued at 50 million riyals and a mortgage on the company’s warehouse located in Riyadh, based on the company's request and due to the non-utilization of this facility. |
| Financial Impact on the change |
None |
| Additional Information |
None |
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