‎National Building says major shareholder to transfer 2M shares to subsidiary

‎National Building says major shareholder to transfer 2M shares to subsidiary ‎National Building says major shareholder to transfer 2M shares to subsidiary

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Logo ofNational Building and Marketing Co. (NBM)

National Building and Marketing Co. (NBM) said that Fahad Al Thunayan, who owns 64.61% of the company’s shares, will transfer two million shares to the investment portfolio of Ethraa Holding Co., a closed joint stock company.

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Therestructurewill involve transferring2million shares ownedby the shareholder to the investment portfolio of one of his companies (Ithra Holding Co., a closed joint-stock company)., the statement said.

This will result in a change in the shares held by one of the major direct shareholders inNationalBuildingon the Tadawul website.

 

Logo ofNational Building and Marketing Co. (NBM)

National Building and Marketing Co. (NBM) said that Fahad Al Thunayan, who owns 64.61% of the company’s shares, will transfer two million shares to the investment portfolio of Ethraa Holding Co., a closed joint stock company.

For more news on listed companies

Therestructurewill involve transferring2million shares ownedby the shareholder to the investment portfolio of one of his companies (Ithra Holding Co., a closed joint-stock company)., the statement said.

This will result in a change in the shares held by one of the major direct shareholders inNationalBuildingon the Tadawul website.

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