| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of United Wire Factories Co. (Aslak) on Tadawul dated 30 Jumada al-Akhirah 1446H corresponding to 31 December 2024G, related to the announcement of Aslak that it had signed a (non-binding) memorandum of understanding with Al Raeda Industrial Investment Company (Al Raeda).
Aslak would like to announce its agreement with Al-Raeda to extend the memorandum of understanding for a period of (184) days, ending on 31 December 2025G, extendable by written agreement between the two parties, for the purpose of completing the due diligence audit and regaltory requirements. |
| Previous Announcement | Aslak announces the signed a (non-binding) memorandum of understanding (40.0%) of the shares of Al Raeda through the issuance of new shares to the shareholders of Al Raeda 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 | Extending the memorandum for a period of (184) days, ending on 31 December 2025G extendable by written agreement between the two parties, for the purpose of completing the due diligence audit and regulatory requirements. |
| 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 | No further information |
Related Posts
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 its estimated Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )
Element List
Current Quarter
Similar quarter for previous year
%Change
Previous Quarter
% Change
Sales/Revenue
217.7
194.3
12.043
226.6
-3.927
Gross Profit (Loss)
21.2
22.1
-4.072
28.1
-24.555
Operational Profit (Loss)
16.7
14.6
14.383
18.6
-10.215
Net Profit... read more
United Wire Factories Co. Board of Directors invites its shareholders to attend the Ordinary General Assembly Meeting (first meeting and the second Meeting after one hour from the first meeting)
Element List
Explanation
Introduction
The Board of Directors of United Wire Factories Co. (Aslak) is pleased to invite the valued shareholders... 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
Addendum Announcement from United Wire Factories Co. in regards to extension of the candidacy period for membership of the Board of Directors for the 5th session
Element ListExplanation Introduction Further to United Wire Factories Co announcement dated 06-12-2021 corresponding to 02-05-1443H regarding... 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
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 an update on Addendum Announcement from United Wire Factories Co. in regards to extension of the candidacy period for membership of the Board of Directors for the 5th session
Element ListExplanation Introduction Addendum announcement of the United Wire Factories Co regarding the extension of the... read more
United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 164.8187.2-11.965179.9-8.393 Gross Profit (Loss) 10.515.9-33.96213.8-23.913 Operational Profit (Loss)... read more
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.
Element ListExplanation Introduction Further to the announcement by United Wire Factories Co. of signing a (non-binding)... read more
