A prepared -made firm emblem
An organization introduced prepared The completion of the primary part of the acquisition of a share of the capital of the Qatar Holding Firm, which included the acquisition of seven.9 million shares, representing 75% of the corporate’s capital.
The corporate stated in a press release to Tadawul, that the worth of the deal was funded in money by means of self -financing sources and the treasury shares held by the corporate.
She added that, based on the completion of the deal, an organization able to subscribe to 702.34 thousand shares, representing 1.56% of the capital of Snowonu, and the market might be notified on the time. After finishing the deal, its possession will attain a complete of 76.56% of the capital of Snowono, whereas the corporate’s founder, Hamad Mubarak Al -Hajri, will retain the remaining 23.44%.
She indicated that the monetary affect of the deal on the monetary statements of an organization prepared for the fiscal yr ending on December 31, 2025 might be mirrored.
In accordance with knowledge numbersFinal July, a prepared -made firm concluded a purchase order and subscriber settlement for the aim of buying 76.56% within the Qatar Snono Holding Firm, at a worth of about 245 million {dollars} (919 million riyals).
In accordance with the provisions of the acquisition and subscription settlement, he was able to buy 8.14 million shares of present shares in Snowono, representing 75% of the corporate’s capital, from the present shareholders, in comparison with an quantity of 225 million US {dollars} (equal to 844 million riyals), it’s paid by means of a mix of money and shares in a prepared firm, along with subscription in 723.96 thousand new shares of shares that It will likely be issued by Snowo, representing 1.56% of the capital, in comparison with a further money quantity of $ 20 million (equal to 75 million riyals).
Snowno is a Qatari firm that works within the area of expertise and logistical providers, and it occupies an built-in platform for e -commerce and supply providers upon request. The corporate was established in 2019 by Hamad Mubarak Al -Hajri, and its platform permits the buyer to request meals, grocery and retail merchandise. It additionally gives logistical options with the assistance of exterior limbs to satisfy the wants of startups, small and medium.
