Zahrat Al Waha for Trading Co announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank

Zahrat Al Waha for Trading Co. announces the renewal of the credit facilities agreement that is in line with the Sharia regulations with the Saudi Investment Bank

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Agreement renewal date: 03-02-2026 Corresponding to 15-08-1447

Agreement amount: 120,000,000.00 SR.

Agreement duration: from 03-02-2026 to 30-09-2026

Guarantees offered for the agreement:

  • Order Notes from the company with the total value of the facilities.
  • Mortgage of the company’s investment portfolio shares.

Agreement objective: Purchasing and importing raw materials required for manufacturing activity, purchasing, and financing public investments.

Related Parties: There are no related parties.

Renewal of the credit facilities agreement in line with the Sharia regulations with Arab National Bank

Renewal of the credit facilities agreement in line with the Sharia regulations with Arab National Bank

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Agreement renewal date: 24-11-2025 Corresponding to 03-06-1147

Agreement amount: 110,000,000 SR

Agreement duration: from 24-11-2025 to 31-10-2026

Guarantees offered for the agreement: Order Notes issued by the company, with a total value equal to the facilities.

Agreement objective: Opening LCs to purchase raw materials.

Related Parties: There are no related parties

Additional information: The value of the credit facilities with the Arab National Bank was reduced from 145 million riyals to 110 million riyals for use in opening letters of credit to purchase raw materials, and long-term facilities amounting to 35 million riyals were not renewed due to the company’s self-financing approach for capital expansions and reducing the value of long-term loans.

Zahrat Al Waha for Trading Co Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

Zahrat Al Waha for Trading Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

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The Ordinary General Assembly meeting was held remotely through contemporary technology from the Company’s office in Riyadh, Rabwah District, Al-Ahsa Street, Building No. 7449, Unit No. 1, on Tuesday, 18-11-2025, corresponding to 27-05-1447 H, and the percentage of attending shareholders was 54.79%.

Voting Results on the Items of the General Assembly’s Meeting Agenda

  • 1
    Approval of the split of the company's shares according to the following:
  • Nominal value per share before the amendment: (10) Saudi Riyals
  • Nominal value per share after the amendment: (1) Saudi Riyal
  • Number of shares before the amendment: (22,500,000) shares
  • Number of shares after the amendment: (225,000,000) shares
  • There will be no change in the company's capital before and after the stock splits.
  • Effective Date: The stock split decision will be effective for all shareholders of the company who own shares on the day of the Extraordinary General Assembly and are registered in the company's shareholders' register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the Extraordinary General Assembly.
  • Amending Article No. (7) of the Articles of Association relating to the company's capital.