premargin

Element List	Explanation
Introduction	Saudi Arabian Refineries Company announces that its subsidiary, Masafi Venture, has acquired a (35%) ownership stake in Raya Al-Tajdeed Contracting Company LLC.
Transaction Details	Acquisition of a (35%) ownership stake in Raya Al-Tajdeed Contracting Company LLC.
Transaction Amount	4,900,000 — Four million nine hundred thousand riyals.
Transaction Conditions	Nil
Parties of the Transaction	Seller: Naqaa Al Ward Trading Company. Owner of Rayat Al Tajdeed Contracting Company LLC. Buyer: Masafi Venture: 35%, Ethraa Holding: 35%.
Transaction Financing Method	Self-financed company resources.
Date of Entering Into The Transaction	2026-05-06 Corresponding to 1447-11-19
Description of Activity of The Asset Subject of The Transaction	Raya Al-Tajdeed Contracting Company operates in the field of general construction of residential and non-residential buildings.
Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction	1. SAR 29,672,000 in 2023 2. SAR 28,235,000 in 2024 3. SAR 71,608,000 in 2025
Transaction reasons	This transaction supports the strategic objectives of Masafi Venture and aligns with its long-term plan to diversify its revenue streams and invest directly in operational activities.
Expected Impact of the Transaction on the Company and Its Operations	This transaction is expected to have a positive impact on the financial statements of Saudi Arabian Refineries Company by the end of the third quarter of 2026.
Related Parties	It is worth noting that the Managing Director of Saudi Arabian Refineries Company is the is a board member of Ethraa Holding Company.

Announcement by Saudi Arabian Refineries Company regarding its subsidiary, Masafi Ventures Company, acquiring a (35%) ownership stake in Raya Al-Tajdeed Contracting Company LLC.