SAL Saudi Logistics Services announces the board of directors' approval establish a SAR denominated Sukuk issuance programme
| Element List | Explanation |
|---|---|
| Announcement Detail | SAL Saudi Logistics Services Company (the "Company") announces the board of directors' approval by way of circulation dated 15/04/1447H (corresponding to 07/10/2025G) to establish a SAR denominated Sukuk issuance programme (the "Programme").
The Company has appointed J.P. Morgan Saudi Arabia Company and SNB Capital Company as arrangers for the purpose of establishing the Programme.
Any offer of Sukuk under the Programme will be subject to the approvals of the relevant regulatory authorities, and will be made in compliance with applicable laws and regulations.
The Company will carefully assess the utilisation of the Programme with respect to its capital expenditure plans to support its business and expansions that achieve its financial and strategic objectives.
This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities. The Company will announce any other relevant material developments in due course, as required by the relevant rules and regulations.
For any inquiries or further details, please contact the SAL Investor Relations team at +966 12 6964168 or +966-550120163, or via email at: [email protected] |
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