United Wire Factories Co. Announces an update on its previous announces for signing a Memorandum of Understanding with Themar for Food and Catering Company (Limited Liability Company) for the possible acquisition of a share in the ownership of Themar Food and Catering Company.

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.