Raoom extends MoU for stake acqusition in Mohrkey Trading

06/11/2025 Argaam
Logo ofRaoom Trading Co.

Logo of Raoom Trading Co.

 

Raoom Trading Co. extended the memorandum of understanding (MoU) signed with Mohrkey Trading Co. for 60 more days, ending Jan. 6, 2026, according to a statement to Tadawul.

 

In September, the company signed a preliminary and non-binding MoU to acquire a 51% stake in Mohrkey Trading, a Saudi-based firm specializing in modern car care and fuel services.

 

It said the acquisition proceeds will be injected into Mohrkey Trading to support its operations and future expansion plans. However, a final decision will depend on Mohrkey’s valuation, completion of due diligence, and regulatory approvals.

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