2001 · 28/07/2016 15:54:24 · Announcement #43398 · View on Saudi Exchange

Addendum announcement from Methanol Chemicals Co. related to the interim financial results for the period ending on 30-06-2016 (Six Months)

Further to the announcement of Methanol Chemicals Co.( Chemanol ) published on Tadawul website on 27 July ,2016 related the interim financial results for the period ending on 30-06-2016 (sixth months), the company informs you that adding emphasis of matter included in the report of external auditor as follow (we draw attention to note 7 to accompanying interim financial statements , which outlines the impact of the restatement of the comparative financial information related to certain items of property , plant and equipment which were earlier classified are inventories and recording of related depreciation of such items ).

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.