| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement by Artex Industrial Investment Company on 21-06-2025 regarding the signing of a Memorandum of Understanding by one of its investee company (Al Reef Sugar Refinery Company) for the sale of all its shares to Ethraa Holding Company, the two parties agreed on 20-08-2025 to extend the term of the memorandum (70) seventy days until 30-10-2025 |
| Previous Announcement | Artex Industrial Investment Company Announces that the shareholders of one of the companies (Al-Reef Sugar Refinery Company) signed a memorandum of understanding to sell the entire shareholders shares to Ethraa Holding Company. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-06-22 Corresponding to 1446-12-26 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | It was agreed to extend the duration of the Memorandum of Understanding until 30-10-2025. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | None |
| Additional Information | Any material developments will be announced later |
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.