Naqi Water logo pictures, as shareholders pledge to retain shares for one year
Naqi Water Co. received letters from the Chairman of the board, Ameen Al-Mallah, and major shareholder, Seqa United Group, confirming their full commitment not to sell, transfer, or otherwise dispose of their shares in any form, for a period of one year, according to a statement to Tadawul. 
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This reflects their keenness, in their capacity as substantial shareholders, to support the stability of the ownership structure and to reinforce confidence in the company’s strategy and expansion plans.
There is no relevant financial impact, the statement added.
Al-Mallah and Seqa are substantial shareholders, who own 7 million shares, or 35% of the share capital each.
Naqi Water logo pictures, as shareholders pledge to retain shares for one year
Naqi Water Co. received letters from the Chairman of the board, Ameen Al-Mallah, and major shareholder, Seqa United Group, confirming their full commitment not to sell, transfer, or otherwise dispose of their shares in any form, for a period of one year, according to a statement to Tadawul.
For more news on listed companies
This reflects their keenness, in their capacity as substantial shareholders, to support the stability of the ownership structure and to reinforce confidence in the company’s strategy and expansion plans.
There is no relevant financial impact, the statement added.
Al-Mallah and Seqa are substantial shareholders, who own 7 million shares, or 35% of the share capital each.
