| Element List | Explanation |
|---|---|
| Introduction | In reference to the announcement of Saudia Dairy & Foodstuff Co. (SADAFCO) on 07-11-2024 regarding the decision of its board of directors to liquidate its subsidiary "SADAFCO Qatar LLC." voluntarily. The Company would like to announce that all required procedures for liquidating the subsidiary have been completed, and the subsidiary's commercial registration was canceled by the Ministry of Commerce and Industry. |
| Previous Announcement | Board of Directors’ Decision to Liquidate Its Subsidiary (Voluntarily) |
| Date of Previous Announcement on Saudi Exchange’s Website | 2024-11-07 Corresponding to 1446-05-05 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The completion of all the required procedures for liquidating the subsidiary "SADAFCO Qatar LLC." and the subsidiary's commercial registration was canceled by the Ministry of Commerce and Industry. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not Applicable |
| Additional Information | It is important to remind that SADAFCO products will continue to be available in the Qatar market through an authorized distributor. |