| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2025-10-06 Corresponding to 1447-04-14 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | TAQAT Mineral Trading Company announces the approval of the General Authority for Competition for the acquisition of Bayan Transport Trading Company. The company is pleased to clarify that the final agreement for the transaction has been signed after fulfilling the relevant regulatory requirements. The company confirms that this step comes as part of its expansion strategy to strengthen its presence in the transportation and logistics sector, in line with its long-term strategic objectives. |
| Correct Statement | TAQAT Mineral Trading Company announces the approval of the General Authority for Competition for the acquisition of Bayan Transport Trading Company. The company is pleased to clarify that a binding preliminary agreement has been signed to meet the requirements of the General Authority for Competition, and that the remaining procedures will be completed with the relevant authorities. The company confirms that this step comes as part of its expansion strategy to strengthen its presence in the transportation and logistics sector, in line with its long-term strategic objectives. |
