| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement by Aqaseem Factory for Chemicals and Plastics Co. published on the Saudi Stock Exchange (Tadawul) website on November 30, 2025, regarding the signing of a memorandum of understanding with Leader Express Automotive Services Company for the purpose of acquiring 40% of Leader Express Automotive Services Company's capital, the company wishes to clarify that, after completing the relevant studies and discussions between the two parties, a final agreement has not been reached regarding the completion of the transaction. |
| Previous Announcement | Aqaseem Factory for Chemicals and Plastics Co. announced that it has signed a memorandum of understanding with Leader Express Car Service Company to acquire 40% of the capital of Leader Express Car Service Company. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-11-30 Corresponding to 1447-06-09 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The company would like to clarify that after conducting the necessary studies and understandings between the two parties regarding the deal covered by the memorandum of understanding, a final agreement was not reached between the two parties regarding the completion of the deal, and therefore the memorandum of understanding was terminated and cancelled. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | NA |
