Al Kuzama Signs MOU for 25% Stake in Unique Food

ALKUZAMA 0.00%

ALKUZAMA

9636.SA

62.00

0.00%

Al Kuzama Trading Company announced on January 13, 2026, the signing of a non-binding Memorandum of Understanding with Bandar Khalid Abu Saman, owner of Unique Food Catering Company, to acquire a 25% equity stake in the restaurant and fast food business. The MOU has a 90-day duration from signing date, with the final acquisition decision subject to company valuation, due diligence completion, and regulatory approvals. The financial impact will be determined after necessary approvals and the signing of the final share purchase agreement.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92598&anCat=1&cs=9636&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.