Tihama Advertising Appeals Rejected Lawsuit Against MEFIC Capital

TAPRCO

TAPRCO

4070.SA

0.00

On May 31, 2026, Tihama Advertising, Public Relations and Marketing Company announced that the Securities Disputes Resolution Committee has rejected its claims in the lawsuit filed against Middle East Financial Investment Company (MEFIC Capital) in its capacity as manager of the Saudi Film Fund. The original lawsuit was filed and announced on October 29, 2025. After consulting with management and legal advisors, the company has decided to submit an appeal request to the competent authority within the prescribed regulatory period, citing regulatory aspects that warrant exercising its right to appeal.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95701&anCat=1&cs=4070&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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