Saudi Cable Seeks Exit From Financial Restructuring Procedure

-0.90%

SAUDI CABLE

2110.SA

155.00

-0.90%

Saudi Cable Company announced on November 26, 2025, that its Board of Directors decided on November 24, 2025, to request termination of the financial restructuring procedure. The company has submitted this request to the Fourth Circuit of the Commercial Court in Jeddah, citing the absence of legal, operational, and financial obstacles. If approved, the termination would cancel the company's objections to three claims from Tathmeer Investment Company, Rawafed Al-Mustaqbal Company, and Zainal Industries Company Limited. The financial impact of terminating the restructuring procedure will be determined after court approval.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91753&anCat=1&cs=2110&locale=ar

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