Raoom extends MoU to acquire 51% of Mohrkey Trading

06/01/2026 Argaam
Logo ofRaoom Trading Co.

Logo of Raoom Trading Co.

Raoom Trading Co. extended the preliminary and non-binding memorandum of understanding (MoU) to acquire a 51% stake in Mohrkey, for 30 days until Feb. 5, 2026.

 

In a statement to Tadawul, the company said that there will be no costs associated with this extension.

 

In September 2025, Raoom signed a preliminary and non-binding memorandum of understanding (MoU) to acquire a 51% stake in Mohrkey, a Saudi-based firm specializing in modern car care and fuel services. Later, the company appointed Wasatah Capital as the financial advisor for the acquisition, according to data available on Argaam.

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