| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement by Tihama Advertising, Public Relations and Marketing Company dated 26-03-2025 regarding the signing of a non-binding memorandum of understanding with Masar Al-Ola Trading Company, a Saudi company that owns and operates the “Hashikom” restaurant chain and has the experience and knowledge in the restaurant management and investment sector The company announces the expiration of the non-binding memorandum of understanding without reaching an agreement in this regard. |
| Previous Announcement | Tihama Advertising, Public Relations and Marketing Company announces the signing of a non-binding memorandum of understanding with Masar Al-Ola Trading Company. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-03-26 Corresponding to 1446-09-26 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The company announces the expiration of the non-binding memorandum of understanding without reaching an agreement in this regard. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not Applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There is no financial impact from canceling the MOU. |
| Delay consequences on the Company’s financial results | Not Applicable |
| Additional Information | Nothing |
