| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of United Wire Factories Co. (Aslak) on Tadawul dated 30-06-1446H corresponding to 31-12-2024D, related to the announcement of Aslak that it had signed a non-binding memorandum of understanding with Al Raeda Industrial Investment Company.
Aslak would like to announce the appointment of Alkhair Capital as its financial advisor in the Contemplated acquisition with Al Raeda Industrial Investment Company. |
| Previous Announcement | Aslak announces the signed a non-binding memorandum of understanding (40.0%) of the shares of Al Raeda Industrial Investment Company through the issuance of new shares to the shareholders of Al Raeda Industrial Investment Company in Aslak |
| Date of Previous Announcement on Saudi Exchange’s Website | 2024-12-31 Corresponding to 1446-06-30 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Appointment of Alkhair Capital as its financial advisor in the Contemplated acquisition with Al Raeda Industrial Investment Company |
| Reasons For The Delay on The Date of The Event Previously Announced | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Delay consequences on the Company’s financial results | N/A |
| Additional Information | For any future developments in this regard, Aslak will announce them at due time |
Related Posts
United Wire Factories Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )
Element List
Explanation
Introduction
United Wire Factories company Board of Directors is pleased to announce the results of the14th Ordinary General... read more
United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2024-03-31 (Three Months)
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 187.2227.2-17.605182.52.575 Gross Profit (Loss) 15.916.4-3.04816-0.624 Operational Profit (Loss)... read more
United Wire Factories Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 1,026.4921.311.41 Gross Profit (Loss) 107.385.625.35 Operational Profit (Loss) 67.256.419.15 Net Profit (Loss)... read more
The United Wire Factories Co. announces the latest developments regarding its previous announcement of signing a memorandum of understanding with A-1 Fence DMCC (UAE) for the possible acquisition of a stake in the ownership of A-1 Fence Arabia Company for Industry (a foreign limited company)
Element ListExplanation Introduction Further to the announcement by the United Wire Factories Co. of signing a... read more
United Wire Factories Co. announces the board of director’s decision to distribute cash dividends for From the profit balance up to the end of the 4th quarter of 2024 and the nine-month period of 2025
Element ListExplanation Introduction United Wire Factories Company ASLAK announces the decision of the Board of Directors... read more
Aslak aligns factory operations with demand: CEO
United Wire Factories Co. (Aslak) is operating factories at high rates to balance low demand and maintain economic efficiency to... read more
United Wire Factories Co. Announces Board’s Recommendation to Decrease the Company’s Capital
ELEMENT LIST
EXPLANATION
Date of Board Meeting
2020-01-13 Corresponding to 1441-05-18
Capital before decrease
No English translation, kindly refer to the Arabic version
Capital after decrease
No... read more
United Wire Factories Co. announces its Annual Estimated Financial Results for the Period Ending on 2019-12-31
ELEMENT LIST
CURRENT YEAR
PREVIOUS YEAR
%CHANGE
Sales/Revenue
724.4
535
35.401
Gross Profit (Loss)
61.6
46.1
33.622
Operational Profit (Loss)
32.4
17
90.588
Net Profit (Loss) after Zakat and Tax
22.1
7.1
211.267
Total Comprehensive Income
23.2
7.6
205.263
Total Share Holders Equity (after... read more
United Wire Factories Co. Announces an update on United Wire Factories Co. announces signing a Memorandum of Understanding with ALRAEDA INDUSTRIAL INVESTMENT Co.
Element ListExplanation Introduction In addition to the announcement by the United Wire Factories Company of signing... read more
United Wire Factories Company (ASLAK) Invites Its Shareholders To Attend the 14th Ordinary General Assembly Meeting (The First Meeting)
Element ListExplanation Introduction The Board of Directors of Union Wire Factories Company is pleased to invite... read more
