‎Naqi Water shareholders pledge to hold shares for 1 year

‎Naqi Water shareholders pledge to hold shares for 1 year ‎Naqi Water shareholders pledge to hold shares for 1 year

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Logo of Naqi Water Co.

Naqi Water Co.said its major shareholders, Seqa United Group and Chairman Ameen Al-Mallah, have pledged not to sell or transfer their shares for one year from the date of each pledge.

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In separate statements to Tadawul, the company said each shareholder owns 7 million shares, representing 35% of its share capital.

The pledges aim to support ownership stability and boost confidence in the company’s strategy and expansion plans. They will have no financial impact on Naqi Water, the company said.

 

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Logo of Naqi Water Co.

Naqi Water Co.said its major shareholders, Seqa United Group and Chairman Ameen Al-Mallah, have pledged not to sell or transfer their shares for one year from the date of each pledge.

In separate statements to Tadawul, the company said each shareholder owns 7 million shares, representing 35% of its share capital.

The pledges aim to support ownership stability and boost confidence in the company’s strategy and expansion plans. They will have no financial impact on Naqi Water, the company said.

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