Logo ofAl-Jouf Agricultural Development Co.
Al-Jouf Agricultural Development Co.‘s board of directors approved entering into preliminary, non-binding discussions to explore the possibility of Almunajem Foods Co. becoming a strategic investor in the company through the acquisition of a minority stake.
The stake purchase would be carried out through a capital increase, with the suspension of pre-emptive rights of existing shareholders.
Logo ofAl-Jouf Agricultural Development Co.
Al-Jouf Agricultural Development Co.‘s board of directors approved entering into preliminary, non-binding discussions to explore the possibility of Almunajem Foods Co. becoming a strategic investor in the company through the acquisition of a minority stake.
The stake purchase would be carried out through a capital increase, with the suspension of pre-emptive rights of existing shareholders.
