‎Mayar receives major shareholder debt waiver of SAR 67.59M

‎Mayar receives major shareholder debt waiver of SAR 67.59M ‎Mayar receives major shareholder debt waiver of SAR 67.59M

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Mayar expects that the waiver will have a positive impact on its H1 2026 financials

Mayar Holding Co. said it received a letter from the major shareholder, Taya Holding Co., which owns 83.14% stake, confirming its unconditional waiver of the full credit balance due from Mayar, amounting to SAR 67.59 million as of June 25, 2026.

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In a statement to Tadawul, the company said the step was taken to support its operating activities and liquidity, thereby strengthening its financial position.

Mayar expects this waiver to positively impact its financial position, which will be reflected in its H1 2026 interim financial statements.

 

Mayar expects that the waiver will have a positive impact on its H1 2026 financials

Mayar Holding Co. said it received a letter from the major shareholder, Taya Holding Co., which owns 83.14% stake, confirming its unconditional waiver of the full credit balance due from Mayar, amounting to SAR 67.59 million as of June 25, 2026.

In a statement to Tadawul, the company said the step was taken to support its operating activities and liquidity, thereby strengthening its financial position.

Mayar expects this waiver to positively impact its financial position, which will be reflected in its H1 2026 interim financial statements.

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