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Al Taiseer Group (TALCO) has appointed Alinma Capital as the financial advisor to facilitate the acquisition of a 60% stake in Eastern Aluminum Extrusion Factory.
The financial advisor will conduct feasibility studies and determine the fair value of the target company to proceed with the necessary due diligence.
This update follows the signing of a non-binding Memorandum of Understanding (MoU) previously announced on February 12, 2026.
Final costs and financial impacts will be announced at a later date following the completion of supplementary procedures and due diligence.

Element List	Explanation
Introduction	Al Taiseer Group Talco Industrial Co announces the latest developments regarding the signing of a memorandum of understanding with Al-Sharqia Aluminum Extrusion Factory Company.
Previous Announcement	Al- Taiseer Group TALCO Industrial Company announces the signing of a memorandum of understanding with Eastern Aluminum Extrusion Factory.
Date of Previous Announcement on Saudi Exchange’s Website	2026-02-12 Corresponding to 1447-08-24
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Al- Taiseer Group TALCO Industrial Company announces the appointment of alinma capital Financial Company as a financial advisor to complete the acquisition procedures and complete all studies and procedures to finalize the deal before signing the purchase agreement with the owners of Eastern Aluminum Extrusion Factory to purchase (60%) of the company’s capital shares after confirming the feasibility studies and determining the fair value of the company by the financial advisor to proceed with completing the necessary due diligence processes by TALCO advisors
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 are still supplementary procedures for the event that will be mentioned in a later announcement upon completion of the event.
Delay consequences on the Company’s financial results	Not applicable
Additional Information	Any developments in this matter will be announced in due course.

Al Taiseer Group Talco Industrial Co. Announces an update on Al- Taiseer Group TALCO Industrial Company announces the signing of a memorandum of understanding with Eastern Aluminum Extrusion Factory.