Aqaseem Factory Terminates Leader Express Acquisition Deal

AQASEEM

AQASEEM

9539.SA

0.00

On May 21, 2026, Aqaseem Factory for Chemicals and Plastics Co. announced that it has terminated its memorandum of understanding with Leader Express Car Service Company for the acquisition of 40% of Leader Express's capital. The original MOU was signed and announced on November 30, 2025, but after completing necessary studies and discussions between both parties, no final agreement was reached regarding the completion of the transaction. The memorandum of understanding has been cancelled and terminated.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95636&anCat=1&cs=9539&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.

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