Fitaihi Holding Group headquarters
Fitaihi Holding Group announced that the total value of selling its 9% stake in Al-Jouf Agricultural Development Co. is SAR 200 million, according to a bourse statement.
The deal was made through the stock market and without any special conditions.
SAR 200 mln
SAR 74.3 mln
SAR 125.7 mln
Through the stock market and without any special conditions
The deal has the following related parties who represent Fitaihi on the board of Al-Jouf Agricultural:
1) Omar Alhumaidan (Fitaihi board member)
2) Mohammed Fitaihi (former board member at Fitaihi)
) Yasser Abdelhamid (Fitaihi CEO)
According to data compiled by Argaam, Fitaihi completed the sale of its entire stake (2.70 million shares) in Al-Jouf Agricultural by the end of trading on Tuesday, March 2.
Al-Jouf Agricultural closed Tuesday' session more than 0. 3% lower at SAR 74.50.
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