“Tabuk Agricultural” is studying financial options to support the continuity of the company’s business
Tabuk Agricultural Development Company announced that the Board of Directors is currently studying a number of options and regulatory and financial procedures that will support the company, enhance its financial position, and ensure the continuity of its business, in accordance with the relevant regulations and instructions.
The company said in a statement on its website. "Saudi Arabia trading"With reference to the results of the extraordinary general assembly meeting (third meeting), during which the item to reduce the company’s capital was not approved; The Board of Directors would like to confirm that it places the interest of the company and its shareholders at its top priority.
It noted that any fundamental developments or decisions taken in this regard will be announced as soon as they become available and in accordance with regulatory requirements.
The company stated its keenness on transparency and its full commitment to protecting the interests of its shareholders and enhancing the sustainability of its business.
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