Al-Modawat says Qeyam Holding to transfer 8.01M shares to partners

12/08/2025 Argaam
Logo ofAl-Modawat Specialized Medical Co.

Logo of Al-Modawat Specialized Medical Co.

Al-Modawat Specialized Medical Co. said it received a notice on Aug. 11 from major shareholder Qeyam Holding Co., which owns a 60.4% stake, of its plan to undergo an internal restructuring and transfer 8.01 million shares in Al-Modawat to investment portfolios owned by Qeyam partners.

 

The transaction will change the ownership structure of Al-Modawat’s major shareholders as reflected on the Tadawul website, the company said in a statement.

 

For more news on listed companies

 

It added that the disclosure is in line with its commitment to transparency and keeping shareholders and the public informed of relevant developments.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.