| Introduction | Al Kuzama Trading Company announces the signing of a non-binding preliminary Memorandum of Understanding for the purpose of acquiring 30% of the equity interest in Twenty Four Beverages Company, a **limited liability company** engaged in the beverages. |
| Memorandum Signing Date | 2025-11-11 Corresponding to 1447-05-20 |
| Counterparty | Twenty Four Beverages Company Limited Liability Company |
| Memorandum Subject | Al Kuzama Trading Company intends to acquire 30% of the equity interest in Twenty Four Beverages Company. The final decision to proceed with the acquisition will depend on the company’s valuation, the completion of financial, legal, and operational due diligence, and obtaining the necessary approvals from the competent authorities. |
| Memorandum Duration | 60 days (extendable by mutual written agreement between the parties) |
| Related Parties | nothing. |
| Financial Impact | The financial impact of the acquisition will be determined after the necessary approvals are completed and the final share purchase agreement is signed. |
| Additional Information | This Memorandum does not create any binding legal obligation until the final signing of the final share purchase agreement, and any developments in this regard will be announced. |