Logo of Perfect Presentation for Commercial Services Co. (2P)
Perfect Presentation for Commercial Services Co. (2P) received today, Jan. 5, a notice from the Capital Market Authority (CMA) approving a major shareholder, Al-Amthal for Business and Commercial Investment Co., to transfer its 68.46 million shares, representing 20.74% of the company’s capital.
The company said in a Tadawul statement that the shares will be deposited in the investment portfolios of its shareholders and some affiliates, resulting in a change to the list of major shareholders on Tadawul.
The company noted that this step comes after meeting all regulatory requirements of the CMA and other relevant bodies.
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