| Element List | Explanation |
|---|---|
| Introduction | Referring to the previous announcement from the Saudi Cable Company on 28/10/1444 AH corresponding to 18/05/2023 AD regarding setting an appointment for the 3rd appeal session in the case for opening the Financial Restructuring Procedure; Saudi Cable Company would like to inform its shareholders that the appeal session held on Wednesday 11/11/1444 AH corresponding to 31/05/2023 AD was attended, and the court decided to postpone the session, and set the date of the next session on 18/11/1444 corresponding to 07/06/2023 to reconsider the case. |
| Previous Announcement | Saudi Cable Company announcement regarding setting an appointment for the 3rd appeal session in the case for opening the Financial Restructuring Procedure. |
| Date of Previous Announcement on Tadawul's Website | 2023-05-18 Corresponding to 1444-10-28 |
| Percentage of fulfilled achievement | Not Applicable. |
| Event's Expected Completion Date | It is difficult to determine the expected date of completion of this event at this moment. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There are no costs associated with the event at the moment, the financial impact will be disclosed later if it exists. |
| Impact of the Delay on the Company's Financial Results | It is not possible to determine the financial impact now; it will be disclosed later if it exists. |
| Additional Information | The Company continues its efforts to implement the Recovery Plan and the Financial Restructuring developed by the Board of Directors and Executive Management to ensure the continuity of the company and its operations to the benefit of its shareholders. |
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.