| Previous Announcement | TAQAT Mineral Trading Company announces signing a Memorandum of Understanding with Bayan Transport Trading Company to acquire 100% of Bayan Transport Trading Company |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-04-03 Corresponding to 1446-10-05 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | TAQAT Mineral Trading Company announces the approval of the General Authority for Competition for the acquisition of Bayan Transport Trading Company. The company is pleased to clarify that the final agreement for the transaction has been signed after fulfilling the relevant regulatory requirements. The company confirms that this step comes as part of its expansion strategy to strengthen its presence in the transportation and logistics services sector, in line with its long-term strategic objectives. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable |