| 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
United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 181.4174.14.192164.810.072 Gross Profit (Loss) 11.814.6-19.17810.512.38 Operational Profit (Loss)... read more
United Wire Factories Co. Announces to its Shareholders the Starting Date of the Electronic Voting on the Agenda of the Ordinary General Assembly Meeting (First Meeting)
Element ListExplanationAnnouncement Detail Reference to the announcement of United Wire Factories Co. (Aslak) on the Saudi Exchange (Tadawul)... read more
United Wire Factories Co. Invites Its Shareholders to Attend the Extraordinary General Assembly Meeting the Sixteenth (First Meeting) Through Means of Modern Technology
... read more
United Wire Factories Co. announces signing a Memorandum of Understanding with Themar for Food and Catering Company (Limited Liability Company)
Element ListExplanation Introduction United Wire Factories Company announces the signing of a (non-binding) Memorandum of Understanding with Themar... 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 Estimated Interim Financial Results for the Period Ending on 2022/03/31 ( Three Months )
Element ListCurrent QuarterSimilar quarter for previous year% ChangePrevious Quarter% ChangeSales/Revenue 298.8226.631.862291.32.574 Gross Profit (Loss) 3828.135.23119.594.871 Operational Profit... read more
United Wire Factories Co. announces the distribution of cash dividend for For the first half of the year 2021 AD
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 2022-09-30 ( Nine Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 264.1185.742.22208.326.79 Gross Profit (Loss) 15.616.9-7.6929.1-46.39 Operational Profit (Loss)... read more
United Wire Factories Co. Announces the Submission of the Decrease of the Company’s Capital Application File to CMA
Element ListExplanationIntroduction United Wire Factories Co announces the submission of the Application File to the CMA, on Wednesday... 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
