Anaam International Signs MoU for 51% Masar Acquisition

ANAAM HOLDING

ANAAM HOLDING

4061.SA

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On June 21, 2026, Anaam International Holding Group announced signing a non-binding Memorandum of Understanding with Masar Al-Ola Trading Company, owner of the "Hashikom" restaurant chain. The MoU explores Anaam's potential acquisition of up to 51% of Masar Al-Ola's shares through a share-for-share exchange, with transaction value to be determined by licensed valuation companies. The 180-day agreement aims to diversify Anaam's business into the food and restaurant sector, targeting a company that has grown sales from 47 million riyals to 90 million riyals by end-2025. The deal remains subject to due diligence completion across financial, legal, and operational aspects.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96256&anCat=1&cs=4061&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.