Batic Clarifies Mubarrad Truck Purchase Totals SAR 39.1M

BATIC +2.75%

BATIC

4110.SA

2.24

+2.75%

On April 9, 2026, Batic Investments and Logistics Company issued a supplementary announcement regarding its subsidiary Mubarrad's purchase of 90 MAN trucks, model 2026. The company clarified that the total transaction value including Value Added Tax amounts to SAR 39,123,000, representing approximately 10% of the company's net assets. This announcement supplements the original disclosure made on April 5, 2026, providing updated pricing information for the truck acquisition.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94318&anCat=1&cs=4110&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.

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