| Introduction | With reference to the announcement issued by Riyadh Cables Group Company dated 12/05/1447H, corresponding to 03/11/2025G, regarding the signing by its subsidiary (Riyadh Cables Company) of a non-binding Memorandum of Understanding with the Syrian Sovereign Fund, the Company announces the signing of an agreement with the Syrian Sovereign Fund for the management, operation, and development of Syrian Modern Cables Company through its subsidiary (Riyadh Cables Company). |
| Previous Announcement | Riyadh Cables Group Company announces signing a Memorandum of Understanding with Syrian Sovereign Fund |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-11-03 Corresponding to 1447-05-12 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Execution of a management and operations agreement with the Syrian Sovereign Fund, through its subsidiary (Riyadh Cables Company), for the operating and developing of the Syrian Modern Cables Company. |
| Reasons For The Delay on The Date of The Event Previously Announced | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Delay consequences on the Company’s financial results | N/A |
| Additional Information | N/A |