| Element List | Explanation |
|---|---|
| Announcement Detail | Yaqeen Capital announces that on 08/12/1446, corresponding to 04/06/2025, a service provision agreement has been signed with Hamad & Ahmad Mohammed Al-Mozaini Real Estate Company to arrange the process of offering the company’s shares for public subscription and then listing on the Parallel market. The process of arranging the offering and listing of shares takes place through multiple stages, starting from the date of signing the agreement and extending until obtaining approvals from the Capital Market Authority and the actual listing of the shares on the Parallel market. This agreement results in a financial impact in the form of financial revenues for Yaqeen Capital, the value of the revenues is determined according to the progress of the stages, obtaining approval from the Capital Market Authority for the offering and listing according to the expected timetable, and the actual success of the offering and listing in the market. Upon the success of all stages of the offering and listing process, the total revenues collected from the process will exceed 5% of the total revenues of Yaqeen Capital, compared to the last audited annual financial statements for the year 2024 AD. |