TALCO Extends MoU With Al Sharqia Aluminum Six Months

TALCO

TALCO

4143.SA

0.00

On August 17, 2026, Al-Taiseer Group TALCO Industrial Company announced an update regarding its non-binding Memorandum of Understanding (MoU) with Al-Sharqia Aluminum Extrusion Factory, originally signed on November 24, 2025, for the potential acquisition of 60% of the factory's share capital. The company has extended the MoU's validity period for an additional six months, running from August 24, 2026 to February 23, 2027, to allow sufficient time to complete the necessary due diligence procedures. Associated costs and further procedural details will be disclosed upon completion of the event.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97663&anCat=1&cs=4143&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.

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