2110 · 30/04/2023 09:48:46 · Announcement #73266 · View on Saudi Exchange

Saudi Cable Company announces setting an appointment for the 2nd appeal session in the case for opening the Financial Restructuring Procedure.

Element ListExplanation
Announcement Detail Saudi Cable Company would like to announce to the shareholders that the second appeal session has been schedule at the Riyadh Appeals Court Commercial appeals chamber on 27/10/1444 AH corresponding to 17/05/2023 AD.

The Company wishes to emphasize that it continues to work on the implementation of the Recovery Plan and the financial restructuring established by its Executive Management and Board of Directors, who consider the continuity of the Company and the preservation of its shareholders' rights the company’s top priority.

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.