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| Announcement Detail | Tabuk Agricultural Development Company (the “Company”) informs its valued shareholders that, with reference to the results of the Extraordinary General Assembly Meeting (Third Meeting), during which the item related to the reduction of the Company’s share capital was not approved, the Board of Directors affirms that the interests of the Company and its shareholders remain its top priority. Accordingly, the Board of Directors is currently studying a number of regulatory and financial options and measures that would support the Company, strengthen its financial position, and ensure the continuity of its operations, in full compliance with the relevant laws and regulations. The Company will announce to its shareholders any material developments or decisions made in this regard as soon as they become available and in accordance with regulatory requirements. The Company reiterates its commitment to transparency and its dedication to protecting shareholders’ interests and enhancing the sustainability of its business. May Allah grant success |