| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement by United Wire Factories Co. of signing a (non-binding) Memorandum of Understanding on October 21, 2021 AD with Themar Food and Catering Company for the possible acquisition of a share in the ownership of Themar Food and Catering Company upon reaching a final agreement between the two parties, and since the announcement of the signing of a memorandum The aforementioned understanding indicates the expiry of the memorandum of understanding term after 90 days from the date of its signing, subject to renewal with the approval of both parties.
The company announces its agreement with Themar Food and Catering Company under an appendix to the memorandum of understanding to extend the memorandum of understanding (non-binding) for a period of (60) sixty days, and it can be extended for other periods according to a written agreement between the two parties, for the purpose of completing the due diligence audit. |
| Previous Announcement | United Wire Factories Co. announces signing a Memorandum of Understanding with Themar for Food and Catering Company (Limited Liability Company) |
| Date of Previous Announcement on Tadawul’s Website | 2021-10-24 Corresponding to 1443-03-18 |
| Percentage of fulfilled achievement | not applicable |
| Event’s Expected Completion Date | not applicable |
| Reasons for Exceeding the Announced End Date | not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | not applicable |
| Impact of the Delay on the Company’s Financial Results | not applicable |
| Additional Information | not applicable |
Related Posts
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 Co. announces signing a Memorandum of Understanding with ALRAEDA INDUSTRIAL INVESTMENT Co.
Element ListExplanation Introduction United Wire Factories Company Announces the signing of a Memorandum of Understanding with... read more
CEO of Saudi Wire Union Company to CNBC Arabia: The increase in value added boosted the company’s sales and increased profit margins
The CEO of the Saudi Wire Union, Nabil Al-Amir, told CNBC Arabia that the VAT increase last year resulted in... read more
United Wire Factories Co. Announces the Date of Depositing the Compensation Amounts for the Written-off Shares Resulted from the Reduction of the Company’s Capital (that Exceeds the Company’s Need)
... read more
United Wire Factories Co. Announces the end of the creditors’ objection period.
Element ListExplanationAnnouncement Detail Concerning the announcement of United Wire Factories Co. On Thursday, 18 May 2023, published... read more
United Wire Factories Co. Announces Appointment of a Financial Advisor for Capital Decrease
ELEMENT LIST
EXPLANATION
Introduction
No English translation, kindly refer to the Arabic version
Name of Financial Advisor
No English translation, kindly refer to the Arabic... read more
CEO of Saudi Wire Union Company to CNBC Arabia: The impact of high raw material costs due to the war is limited on the company
https://www.cnbcarabia.com/videos_pickup/_____________________[63].mp4
Nabil Al-Amir, CEO of the Saudi Wire Factories company, said in a meeting with CNBC Arabian, that the Russian-Ukrainian war... read more
United Wire Factories Co. Announces the Submission of the Decrease of the Company’s Capital Application File to CMA
ELEMENT LIST
EXPLANATION
Introduction
No English translation, kindly refer to the Arabic version
Date of Submitting the Application File to CMA
2020-03-10 Corresponding to 1441-07-15
Application... read more
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
A corrective announcement from the United Wire Factories Company regarding its announcement of the start date of electronic voting on the items of the Extraordinary General Assembly Meeting (Sixteenth) that include reducing the company’s capital (first meeting) through modern technology
Element ListExplanation Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2023-07-27... read more
