Mayar’s shareholders are set to vote on a board recommendation to approve the company’s continuation on May 14
Mayar Holding Co. said it will hold an extraordinary general meeting on May 14 to vote on a board recommendation to approve the company’s continuation by offsetting part of its accumulated losses, according to a statement to Tadawul. 
The plan is based on an unconditional waiver by major shareholder Taya Holding Co. of payable balances due from Mayar as of March 11, 2026, amounting to SAR 16.8 million.
According to Argaam data, Mayar’s accumulated losses reached SAR 45.7 million, or 76.2% of capital, based on unaudited results as of Dec. 31, 2025.
Excluding the waived amount, accumulated losses would stand at SAR 28.9 million, or 48.2% of capital.
Mayar’s shareholders are set to vote on a board recommendation to approve the company’s continuation on May 14
Mayar Holding Co. said it will hold an extraordinary general meeting on May 14 to vote on a board recommendation to approve the company’s continuation by offsetting part of its accumulated losses, according to a statement to Tadawul.
The plan is based on an unconditional waiver by major shareholder Taya Holding Co. of payable balances due from Mayar as of March 11, 2026, amounting to SAR 16.8 million.
According to Argaam data, Mayar’s accumulated losses reached SAR 45.7 million, or 76.2% of capital, based on unaudited results as of Dec. 31, 2025.
Excluding the waived amount, accumulated losses would stand at SAR 28.9 million, or 48.2% of capital.
