Logo of Mayar Holding Co.
Mayar Holding Co. said its shareholders approved the board of directors’ recommendation to continue the company’s operations by partially writing off accumulated losses during its extraordinary general meeting (EGM). 
The plan is based on an unconditional waiver by major shareholder Taya Holding Co. of amounts due from Mayar as of 11 March 2026, totaling SAR 16.8 million.
According to data available with Argaam, Mayar previously reported accumulated losses of SAR 45.7 million, representing 76.20% of its capital as of Dec. 31, 2025.
After deducting the waived amount from Taya Holding, total accumulated losses would decline to SAR 28.9 million, representing approximately 48.2% of the company’s capital.
Logo of Mayar Holding Co.
Mayar Holding Co. said its shareholders approved the board of directors’ recommendation to continue the company’s operations by partially writing off accumulated losses during its extraordinary general meeting (EGM).
The plan is based on an unconditional waiver by major shareholder Taya Holding Co. of amounts due from Mayar as of 11 March 2026, totaling SAR 16.8 million.
According to data available with Argaam, Mayar previously reported accumulated losses of SAR 45.7 million, representing 76.20% of its capital as of Dec. 31, 2025.
After deducting the waived amount from Taya Holding, total accumulated losses would decline to SAR 28.9 million, representing approximately 48.2% of the company’s capital.
