| Element List | Explanation |
|---|---|
| Announcement Detail | Fourth Milling Company is pleased to inform its esteemed shareholders that the commitment period to the subsidized price, in accordance with Paragraph No. 3 of the Wheat Pricing Policy issued by Resolution No. 46 of the Board of Directors of the Saudi Grains Organization (General Food Security Authority) dated 15/10/1441H (corresponding to 07/06/2020G), has ended on 12 July 2025G. |
As of the date of this announcement, the Company has not received any formal notification from GFSA indicating any changes to the current subsidized wheat pricing policy. Accordingly, Government subsidies will remain in effect under the current policies, unless otherwise announced.
While the Company appreciates the efforts of the relevant authorities in directing this subsidy to promote market stability and food security, the Company affirms its commitment to preserving the gains of government support and maximizing its benefits in line with national objectives.
The company will announce any developments and updates in this regard on a timely basis.
For more information, please contact the Investor Relations Department at the email: investor.relations@mc4.com.sa
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.