premargin

Element List	Explanation
Announcement Detail	Altharwah Albashariyyah Co. (Tharwah) announces the completion of the procedures for the transformation of its branch “Tharwaty for Information Technology” into a limited liability subsidiary (single-member company), Commercial Registration No. (1010951063), under the name “Tharwaty for Information Technology Company”, wholly owned (100%) by Altharwah Albashariyyah Co. (Tharwah). This transformation comes as part of the Company’s strategy to enhance governance and operational efficiency, empower its subsidiaries, and support its growth and expansion plans in promising sectors, particularly in information technology, artificial intelligence, and advanced digital solutions. The Company further confirms that this step forms part of its direction to develop and expand the scope of its technical services in line with market needs and to strengthen its ability to deliver advanced digital solutions, supporting the creation of sustainable added value for shareholders. There is no material financial impact on the Company’s financial statements at the present time, and any material developments will be disclosed in due time.

Element List

Explanation

Announcement Detail

Altharwah Albashariyyah Co. (Tharwah) announces the completion of the procedures for the transformation of its branch “Tharwaty for Information Technology” into a limited liability subsidiary (single-member company), Commercial Registration No. (1010951063), under the name “Tharwaty for Information Technology Company”, wholly owned (100%) by Altharwah Albashariyyah Co. (Tharwah).

This transformation comes as part of the Company’s strategy to enhance governance and operational efficiency, empower its subsidiaries, and support its growth and expansion plans in promising sectors, particularly in information technology, artificial intelligence, and advanced digital solutions.

The Company further confirms that this step forms part of its direction to develop and expand the scope of its technical services in line with market needs and to strengthen its ability to deliver advanced digital solutions, supporting the creation of sustainable added value for shareholders.

There is no material financial impact on the Company’s financial statements at the present time, and any material developments will be disclosed in due time.