GAS Arabian Services Acquires Stakes Worth SAR 65.8m

GAS +3.93%

GAS

4146.SA

14.55

+3.93%

Gas Arabian Services Co. announced on November 25, 2025, the signing of binding agreements with Future Prospects for Operation and Maintenance Co. to acquire a 12.90% equity stake in EagleBurgmann Saudi Arabia Co. Ltd. for SAR 48.7 million and a 40% equity stake in TCR Arabia Co. Ltd. for SAR 17.1 million. The transactions, to be funded through internal resources with payment due within 90 working days after share transfer, aim to enhance investment opportunities and align with the company's growth strategy to expand business and diversify income sources. The acquisitions will enable deeper integration across manufacturing, sealing solutions, non-destructive testing, and metallurgical services, subject to necessary regulatory approvals.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91718&anCat=1&cs=4146&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/27999_8047_2025-11-25_09-23-47_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/27999_8047_2025-11-25_09-23-51_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/27999_8047_2025-11-25_09-23-55_en.pdf

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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