Addendum announcement by Filling and Packing Materials MFG Co. (FIPCO) to disclose the latest developments on its previous announcement of signing of “Non-binding” MOU with Bina Industrial Investment Holding Co. to acquire full equity interests in the company.
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement published by Filling & Packaging Materials Mfg. Co. (FIPCO) on the Saudi Exchange (Tadawul) website dated 02/12/1446H corresponding to May 29, 2025, regarding signing of a non-binding MOU with Bina Industrial Investment Holding Co. FIPCO hereby announces the appointment of Alkhair Capital as the financial advisor for the potential acquisition of Bina Industrial Investment Holding Co. |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2025-05-29 Corresponding to 1446-12-02 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | The appointment of Alkhair Capital as the financial advisor for the potential acquisition of Bina Industrial Investment Holding Co. |
| Financial Impact on the change | Currently there is no material financial impact, and any material developments will be announced in due course. |